12mo ago

China's housing minister says real estate developers must go bankrupt if necessary

www.cnbc.com China's housing minister says real estate developers must go bankrupt if necessary

China's struggling property developers won't be getting a major bailout, authorities indicated, warning that those who "harm the interests of the masses" will be punished.

BrainWorms @lemm.ee

DeadWorld @lemm.ee

12mo ago

China's housing minister says real estate developers must go bankrupt if necessary

www.cnbc.com /2024/03/11/chinas-housing-minister-property-developers-must-go-bankrupt-if-needed.html

27 1

77 comments

But what about the poor billionaires 😢
- So are they poor or rich? Make up your mind!
  
  See definition 6
  
  I am aware, yes. I should add an /s at the end next time.
  
  No, people need to learn how to recognize sarcasm again.
  
  I disagree. Especially on the internet, it can often be very difficult to say what is sarcasm and what is not. This is mostly because of the wildly diverse opinions that people have.