• 0 Posts
  • 16 Comments
Joined 1 year ago
cake
Cake day: June 13th, 2023

help-circle









  • Low probability of that. Evergrande is so big, it can’t be compared to any western reference. For example, they built entire cities for millions of people that are completely deserted and are such bad quality most of it crumbles at a touch. Nobody will save that. Also, the Chinese people’s saving and retirement system is based on real estate. The Chinese government will try to avoid the fallout but very certainly not the way we western people are used to.