schizoidman@lemmy.ml to

World News@lemmy.mlEnglish · 8 months ago

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

344

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

schizoidman@lemmy.ml to

World News@lemmy.mlEnglish · 8 months ago

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.

Chat

mods_are_assholes@lemmy.world
link
fedilink
arrow-up
4
arrow-down
1·
8 months ago
Iceland got back on its feet after 2008 with a quickness because they jailed a bunch of bankers.

World News@lemmy.ml

worldnews@lemmy.ml

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: !worldnews@lemmy.ml

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

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

2.74K users / day
2.74K users / week
4.66K users / month
13.9K users / 6 months
3 local subscribers
32.3K subscribers
6.72K Posts
43.5K Comments
Modlog