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World News@lemmy.ml • 8 months ago

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

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china@lemmygrad.ml

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

schizoidman@lemmy.ml to

World News@lemmy.ml • 8 months ago

cross-posted to:
china@lemmygrad.ml

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.

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Salph@infosec.pub
·
8 months ago
But what about the poor billionaires 😢

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- onlooker@lemmy.ml
  ·
  8 months ago
  So are they poor or rich? Make up your mind!
  
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