lemmy.mlaga97.space
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
filoria@lemmy.ml to World News@lemmy.ml · 11 months ago

China Rejects $1 Trillion Housing Rescue Plan Pitched by IMF

www.bloomberg.com

external-link
message-square
46
fedilink
0
external-link

China Rejects $1 Trillion Housing Rescue Plan Pitched by IMF

www.bloomberg.com

filoria@lemmy.ml to World News@lemmy.ml · 11 months ago
message-square
46
fedilink
China Rejects $1 Trillion Housing Rescue Package Proposed by IMF
www.bloomberg.com
external-link
Chinese authorities have rejected a proposal made by the International Monetary Fund to use central government funds to complete unfinished housing, dealing a blow to hopes for more forceful support to an industry that’s been a major drag on the economy.
  • davel@lemmy.ml
    link
    fedilink
    English
    arrow-up
    0
    ·
    11 months ago

    Because housing is for living in, not for speculation or asset price inflation.

    • Oct. 2017: China’s Xi says to maintain principle property is not for speculation China will maintain the principle that houses are for people to live in, not for speculation […]
    • Mar. 2024: China’s housing minister says real estate developers must go bankrupt if necessary

World News@lemmy.ml

worldnews@lemmy.ml

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: !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
globe

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

  • 68 users / day
  • 223 users / week
  • 1.01K users / month
  • 3.15K users / 6 months
  • 0 local subscribers
  • 36.8K subscribers
  • 12.2K Posts
  • 78.4K Comments
  • Modlog
  • mods:
  • Rumblestiltskin@lemmy.ml
  • AgreeableLandscape@lemmy.ml
  • Jack.@lemmy.ml
  • zephyreks@lemmy.ml
  • OurToothbrush@lemmy.ml
  • BE: 0.19.5
  • Modlog
  • Instances
  • Docs
  • Code
  • join-lemmy.org