Investor confidence in China’s troubled property sector has been rocked again this week by reports that one of the country’s largest private building conglomerates missed interest payments on two bonds.

  • Prandom_returns
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    1 year ago

    Today: a weatern basement-dweller furiously defends a murderous authoritarian regime, while eating a burger and shit-posting on the world-wide(almost)-web.

    In other news, there’s water in the ocean.

    • MicroWave@lemmy.worldOP
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      1 year ago

      They’re posting from lemmygrad.ml, so that should give you an idea.

      The article literally quotes Chinese state media’s report on the matter.

    • VolatileExhaustPipe@lemmygrad.ml
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      1 year ago

      Touch grass, you project stronger than the Leica Cine 1. If the admins would do your job your comment would be deleted already. Click my link, does that look like there are often news about crisis that don’t come to fruition? Sure does. Do you disagree with the book you can receive from Springer Link?

      While property dealings can have effects (look at my link at see at 2008/9 how impactful the financial crisis from the US was even for China), the article doesn’t manage to break beyond the general sentiment. Articles like that are often followed by high noise low signal comments which mirror sentiment of the user base, in this case mostly US dwellers that are underemployed. So a bit Sinophobia is expected, likely with topics related to property, so “Ghost cities”, “expropriations”, “shady construction” while using standards the people don’t actually hold up in regards to their own countries.

      • Prandom_returns
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        1 year ago
        1. I’m not clicking any link that comes from a lemmygrad.ml user, lol. It’s like licking a handrail in a metro station.
        2. This is not hexbear, nor lemmygrad, people are alowed to laugh at tankies.
        3. Become a journalist and write an article in CNN, maybe I’ll read it then. Until then, I’m not interested in lemmygrad blabberings.
      • Prandom_returns
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        1 year ago

        What is it with lemmygrad weirdos and telling people to go touch stuff? Lemmy isn’t the authoritarian, murderous regime of china, I’m free to do as I please.