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GenZedong • 1 year ago

China's property sector is effectively being nationalized, with the market share of private developers plunging "from 70% before the crisis to somewhere between 10% to 20% over the next three years."

www.caixinglobal.com

cross-posted to:
china@lemmy.ml

55

China's property sector is effectively being nationalized, with the market share of private developers plunging "from 70% before the crisis to somewhere between 10% to 20% over the next three years."

www.caixinglobal.com

☆ Yσɠƚԋσʂ ☆ to

GenZedong • 1 year ago

cross-posted to:
china@lemmy.ml

Year in Review: China’s Property Market at a Turning Point - Caixin Global

www.caixinglobal.com

Year in Review: China’s Property Market at a Turning Point - The government began to loosen up last year on a clampdown that upended an industry, but developers won’t be able to rely on the business model of the past

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JucheBot1988
link
16•1 year ago

achievable only under dictatorship of the proletariat

Yeah, but at what cost?

GenZedong

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