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.
  • Lemmygradwontallowme [he/him, comrade/them]6•3 months ago

    Well, I thought the nationalizations were more of a response, than the cause of what happened, then again...

    I mean, didn't the whole crisis start from 2020... so I don't understand the contradiction in my argument here...

    Elaborate it a bit more?