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filoria@lemmy.ml to World News@lemmy.ml · 1 year ago

China Rejects $1 Trillion Housing Rescue Plan Pitched by IMF

www.bloomberg.com

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China Rejects $1 Trillion Housing Rescue Plan Pitched by IMF

www.bloomberg.com

filoria@lemmy.ml to World News@lemmy.ml · 1 year ago
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China Rejects $1 Trillion Housing Rescue Package Proposed by IMF
www.bloomberg.com
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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.
  • naturalgasbad@lemmy.ca
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    1 year ago

    Oh no! The millionaire is now not a billionaire… And the developer was sentenced to life in prison.

    Anyway…

    • yeahiknow3@lemmy.dbzer0.com
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      1 year ago

      How is a family spending their money on an apartment they now won’t receive “a millionaire that is not a billionaire”? Not to mention, China loves billionaires. They have more of them than the US. It’s a fascistic shithole.

      • coolusername@lemmy.ml
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        1 year ago

        Why are you lying? They bailed out buyers. And no it’s not. Are you a fed? https://redsails.org/china-has-billionaires/

        • yeahiknow3@lemmy.dbzer0.com
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          1 year ago

          China’s economic system is authoritarian capitalism. Why are you defending them with CCP propaganda?

          Are you aware that Carl Marx and socialist literature is censored and banned in China?

          I’m going to choose to believe you’re a bot and just block you now. Thanks.

          • cecinestpasunbot@lemmy.ml
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            1 year ago

            How could you possibly come to think that Marx’s works are censored in China? Marxism is literally taught in schools there.

            • yeahiknow3@lemmy.dbzer0.com
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              1 year ago

              What a lying sack of shit. Go ask a Chinese person about Carl Marx.

              • cecinestpasunbot@lemmy.ml
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                1 year ago

                Why would I lie and why does what I said make you so angry?

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