Alsephina@lemmy.ml to World News@lemmy.mlEnglish · 5 months agoCourt orders China Evergrande property developer to liquidate after it failed to reach debt dealapnews.comexternal-linkmessage-square6fedilinkarrow-up1107
arrow-up1105external-linkCourt orders China Evergrande property developer to liquidate after it failed to reach debt dealapnews.comAlsephina@lemmy.ml to World News@lemmy.mlEnglish · 5 months agomessage-square6fedilink
minus-squareJeeBaiChow@lemmy.worldlinkfedilinkarrow-up16arrow-down1·5 months agoDid… Did the bubble finally burst? I can has home now?
minus-squareAlsephina@lemmy.mlOPlinkfedilinkEnglisharrow-up23·edit-25 months agoThe bubble already burst back in 2021 iirc when the company defaulted on its debt and the CPC refused to bail them out (based).
minus-squarenovibe@lemmy.mllinkfedilinkEnglisharrow-up5arrow-down1·5 months agoAnd people still talk about the “China real estate collapse” lmao
minus-squarerbesfe@lemmy.calinkfedilinkarrow-up3·5 months agoIt should get more interesting with the forced liquidation now though
Did… Did the bubble finally burst? I can has home now?
The bubble already burst back in 2021 iirc when the company defaulted on its debt and the CPC refused to bail them out (based).
And people still talk about the “China real estate collapse” lmao
It should get more interesting with the forced liquidation now though