https://www.bbc.com/news/world-39512599

  • ProxyTheAwesome [comrade/them]
    ·
    9 months ago

    are you getting your info from serpentza thumbnails? Banks aren't defaulting left and right in China

    • Aabbcc@lemm.ee
      ·
      9 months ago

      https://en.m.wikipedia.org/wiki/2020%E2%80%932023_Chinese_property_sector_crisis

      Didn't say they were. A few have. Hopefully they aren't indicators of a larger problem

      • ProxyTheAwesome [comrade/them]
        ·
        edit-2
        9 months ago

        this is a fake thing made up by western economists who predict china's collapse every day for the last 2 decades. First it was ghost cities made up of empty housing, now the story is not enough housing and a bunch of ghost owners without houses? Seriously think about it for one second, if this 'crisis' has been ongoing for a decade yet China still is growing faster than the west is it really a 'crisis' and does it make any sense that they have too many yet not enough homes?