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filoria@lemmy.ml to World News@lemmy.ml · 10 months 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 · 10 months 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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    10 months 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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      10 months 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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        10 months 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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          10 months ago

          Removed by mod

          • cecinestpasunbot@lemmy.ml
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            10 months 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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              • cecinestpasunbot@lemmy.ml
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                10 months ago

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

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