this post was submitted on 11 Apr 2025
-11 points (31.0% liked)
China
318 readers
38 users here now
Genuine news and discussion about China
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I'm generally not a fan of the Chinese government or how they run their country, but the response to the evergrande collapse was downright admirable. I dream of my government letting overleveraged parasites hold the bag when their market manipulation crashes part of the economy, rather than calling them too big to fail and bailing them out on my dime.