Sources close to the Chinese Government have told Asia Markets a deal that will see China Evergrande restructured into three seperate entities is currently being finalised by the Chinese Communist Party and could be announced within days.
I mean, he had a good point about the relationship between the spaces constructed and who owns and has access to them, how the people traverse (or not) the space, etc. China didn't do a particularly effective job of creating public-serving spaces (as opposed to serving the intersts of owners) until the 2000s. It's doing pretty well now, though.
david harvey spending half his career denouncing china as capitalist because of its construction sector in shambolicitaton :xi:
What being an economist does to a mf
I mean, he had a good point about the relationship between the spaces constructed and who owns and has access to them, how the people traverse (or not) the space, etc. China didn't do a particularly effective job of creating public-serving spaces (as opposed to serving the intersts of owners) until the 2000s. It's doing pretty well now, though.
Michael Roberts economist cackling rn