[email protected]
  • Communities
  • Create Post
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
@[email protected] to World [email protected]English • 1 year ago

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

www.cnbc.com

external-link
message-square
75
fedilink
375
external-link

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

www.cnbc.com

@[email protected] to World [email protected]English • 1 year ago
message-square
75
fedilink
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.
  • @[email protected]
    link
    fedilink
    51•1 year ago

    Normalize not bailing out failing big businesses, hope we can bring that custom over here.

    • @[email protected]
      link
      fedilink
      3•1 year ago

      Iceland got back on its feet after 2008 with a quickness because they jailed a bunch of bankers.

World [email protected]

[email protected]

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]

News from around the world!

Rules:

  • Please only post links to actual news sources, no tabloid sites, etc

  • No NSFW content

  • No hate speech, bigotry, propaganda, etc

  • 1.21K users / day
  • 2.16K users / week
  • 4.75K users / month
  • 13K users / 6 months
  • 35.9K subscribers
  • 10.8K Posts
  • 70.9K Comments
  • Modlog
  • mods:
  • @[email protected]
  • @[email protected]
  • Jack.
  • @[email protected]
  • @[email protected]
  • BE: 0.19.3
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org