☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 7 months agoCommunist Party would take over a larger share of the real-estate market, which for years has been dominated by the private sector. 👏www.wsj.comexternal-linkmessage-square29fedilinkarrow-up196arrow-down10file-textcross-posted to: china@lemmy.mlchina@lemmygrad.mlworldnews@lemmy.ml
arrow-up196arrow-down1external-linkCommunist Party would take over a larger share of the real-estate market, which for years has been dominated by the private sector. 👏www.wsj.com☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to news@hexbear.netEnglish · 7 months agomessage-square29fedilinkfile-textcross-posted to: china@lemmy.mlchina@lemmygrad.mlworldnews@lemmy.ml
minus-squareHeavenAndEarth [she/her]@hexbear.netlinkfedilinkEnglisharrow-up10·7 months agoDoes anyone know what this means practically?
minus-square☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPlinkfedilinkEnglisharrow-up11·7 months agoBasically, investors are going to lose a bunch of money as real-estate companies go under, and the government will take over the industry to make sure projects are completed and workers aren’t losing jobs.
minus-squaregoog [any]@hexbear.netlinkfedilinkEnglisharrow-up10·7 months agoGlobal capital succ complete. Time to kill westoids by exporting tractors to the sahel
Does anyone know what this means practically?
Basically, investors are going to lose a bunch of money as real-estate companies go under, and the government will take over the industry to make sure projects are completed and workers aren’t losing jobs.
Global capital succ complete. Time to kill westoids by exporting tractors to the sahel