this post was submitted on 18 May 2024
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[–] Sebrof@hexbear.net 72 points 5 months ago (1 children)

Did China not get the memo that is was supposed to collapse?

[–] DragonBallZinn@hexbear.net 47 points 5 months ago (1 children)

According to all the soyfacing finance bros on YouTube, affordable housing IS the collapse. After all, how are those poor browns supposed to build wealth through equity now! Housing abundance kills Muh invoostment.

[–] Sebrof@hexbear.net 13 points 5 months ago

Shows what I know about economics!

[–] WeedReference420@hexbear.net 60 points 5 months ago (1 children)

It must be so nice to live in a functional country

[–] Pentacat@hexbear.net 32 points 5 months ago

If the US had the manufacturing capacity that China has, it would be sending $42 billion a month to Ukraine and the Zionist entity. I sleep easier knowing the US is dysfunctional in certain ways, because it was built with a fatal design flaw that causes it to bring only death and destruction.

[–] MaoTheLawn@hexbear.net 54 points 5 months ago (1 children)

but at what c-

oh, 42 billion.

[–] nohaybanda@hexbear.net 41 points 5 months ago (1 children)

For comparison US and EU have sunk easily 4 times that in Ukraine.

[–] ashinadash@hexbear.net 17 points 5 months ago

China is spending less here than a single aid package to Israel from the USA.

[–] SorosFootSoldier@hexbear.net 53 points 5 months ago (1 children)

Pls sir, Mr. Xi, may I move to China and live in one of these houses?

[–] CommunistBear@hexbear.net 27 points 5 months ago

Honestly, I wouldn't mind having my surplus value extracted anywhere near as much if I knew that it was going to building communism/socialism instead of some rich asshole's pocket

[–] umbrella@lemmy.ml 45 points 5 months ago (2 children)

i mentioned they would do this to a lib here and he said i was naive lol

[–] yogthos@lemmy.ml 34 points 5 months ago (1 children)

A lot of people have a hard time imagining that a different system from capitalism is truly possible. Most people in the western mainstream think that China basically works more or less the same as the west, just will less personal freedoms.

[–] umbrella@lemmy.ml 19 points 5 months ago (1 children)

true. people in my country think our "progressive" conciliatory socdem president is dictatorial communism.

[–] yogthos@lemmy.ml 23 points 5 months ago

at this point communism just means things I don't like for most people in the western sphere

[–] Aquilae@hexbear.net 1 points 5 months ago

Reply to them again with this article lol. Might be funny

[–] YearOfTheCommieDesktop@hexbear.net 37 points 5 months ago
[–] mayo_cider@hexbear.net 34 points 5 months ago (1 children)

Clear proof that the Chinese economy is collapsing, just wait and see

[–] pmarcilus@discuss.tchncs.de 8 points 5 months ago

It's going to collapse after a century, just wait and see tank**.

[–] Feinsteins_Ghost@hexbear.net 28 points 5 months ago
[–] idkmybffjoeysteel@hexbear.net 27 points 5 months ago (1 children)

Hope they paid "market value" and not inflated prices

[–] ashinadash@hexbear.net 19 points 5 months ago

GOD I WISH THAT WERE ME cri

[–] Hello_Kitty_enjoyer@hexbear.net 7 points 5 months ago

waow. basedbasedbasedbasedbased

[–] pmarcilus@discuss.tchncs.de 6 points 5 months ago* (last edited 5 months ago) (1 children)

Is there a paywalless version of this article? If it's Chinese version is also suffice since I can read in Chinese. Needless to say, this new is especially encouraging to see when it's coming from a well-respected press in China. Even as an observer that is critical of China government, it is an especially good move from the them, just that I'm still hesitate to trust their local counterpart. As I've learnt more and more about China history after the overthrown of KMT, local bureaucrats always find a way to sneak pass through the legislation and suggestion from the central committee and fuck it up either for show or their own benefits. I wish this time it'll result in a successful financial move cuz I'm really worry about local citizens of their financial stress after the crash of major housing developers.

[–] polas@hexbear.net 8 points 5 months ago (1 children)
[–] pmarcilus@discuss.tchncs.de 3 points 5 months ago

Thanks comrade! This is exactly what I wanted.