/biz/ - Business & Finance

>>50359538
>NOOOOO STOP TALKING BAD ABOUT GRORIOUS CHINA. AMELICA BAD! AMELICA BAD!!!!!

>>50359538
what ever happened to evergrande 恒大 -- wasn't that supposed to be a time bomb for real estate prices in the 国? I've only seen slight corrections in 2nd-tier and below cities like kunming.

>>50359538
How is this bad lmao crypto parasites hypocrite as always pretending against banks but when protest happens they always the first to deepthroat the boot lmao pathetic fucking parasites all of you

>>50359538
mortgages? i thought they were commies?

>>50359538
>bank locks user accounts and refuses to let them withdraw funds
>arrest the users

>people can't afford to pay their mortgages
>meet with the banks to figure out how to make them pay

>communism

>>50359538
This is china we’re talking about they will just seize their renegade renters digital money and call it a day

>>50359599
Nice pic.

Western media prints a "CHINA IS DOOMED!" headline every few months to keep dumb people feeling good about western liberal democracy. It never comes true, but the dumb people don't remember that far back to care.

>>50359616
Are you actually retarded

>Should we get them a get well card?
yes

动态网自由门 天安門 天安门 法輪功 李洪志 Free Tibet 六四天安門事件 The Tiananmen Square protests of 1989 天安門大屠殺 The Tiananmen Square Massacre 反右派鬥爭 The Anti-Rightist Struggle 大躍進政策 The Great Leap Forward 文化大革命 The Great Proletarian Cultural Revolution 人權 Human Rights 民運 Democratization 自由 Freedom 獨立 Independence 多黨制 Multi-party system 台灣 臺灣 Taiwan Formosa 中華民國 Republic of China 西藏 土伯特 唐古特 Tibet 達賴喇嘛 Dalai Lama 法輪功 Falun Dafa 新疆維吾爾自治區 The Xinjiang Uyghur Autonomous Region 諾貝爾和平獎 Nobel Peace Prize 劉暁波 Liu Xiaobo 民主 言論 思想 反共 反革命 抗議 運動 騷亂 暴亂 騷擾 擾亂 抗暴 平反 維權 示威游行 李洪志 法輪大法 大法弟子 強制斷種 強制堕胎 民族淨化 人體實驗 肅清 胡耀邦 趙紫陽 魏京生 王丹 還政於民 和平演變 激流中國 北京之春 大紀元時報 九評論共産黨 獨裁 專制 壓制 統一 監視 鎮壓 迫害 侵略 掠奪 破壞 拷問 屠殺 活摘器官 誘拐 買賣人口 遊進 走私 毒品 賣淫 春畫 賭博 六合彩 天安門 天安门 法輪功 李洪志 Winnie the Pooh 劉曉波动态网自由门

I assume "the country" is the US.

There are no mortgages in China. You can't own land, as it is the people's land.

>>50359538
evergrande extended their loans again so the loan repayment date is July 28 we will find out then if they will default

>>50359538
>load ze china fud again
>le two more weeks
>ban ze bitcoin for the twentieth time
>evergrande definitelly going down this time goys
Fuck outta here faggot, nothing ever happens.

>>50359687
You CAN own it, but it’s actually a 40 year uninheritable lease.

You have stories of retired troops from the 90s that got their house paid up from beating “no one” in the day were “nothing happened” now living in retirement without being able to move and shitting all over the house. Based for the old ones, fuck the young stupids

>>50359711
>nothing ever happens
want to see a happening? wait a couple of winters. winter after next, maybe. net food and energy importer CCP china will begin to starve. not this winter because there are still stores. next winter after the accumulated damage to supply chains from the eurowar coupled with CCP's zero-covid-policy, the 1 billion lesser CCP chinks that are still dirt farmers out in the villages will begin to starve. what do you think comes after that?

there's a happening for ya

>>50359879
They've been preparing for several years as they are allies with Russia and shared intelligence about the invasion, they are rapidly shifting to buy up Russian resources that had been going west to Europe, they will unironically have more food security than Europe in the winter.

Their financial system is totally fucked though and they may have mass starvation due to the breakdown of society and inability to distribute the food

>>50359778
>You CAN own it,

>but it’s actually a 40 year uninheritable lease.

what part of own are we getting confused between the two of us. owning would be like, private property that you can do whatever you want with, in perpetuity. renting is when you borrow something from someone else and promise to give it back later but they actually built the building to collapse before that date anyway so lol

>>50360014
Don’t ask me, ask the chink bugs ripping off their people lmao

That’s what I heard back when I worked in Shanghai. Plenty of old folks were given houses, title and all. They are the legal owners of the property, but unlike most countries were you own it for +40 years, you can’t inherit that property to your offspring. It MUST go back to the state as soon as the contract (more like lease) expires or you do lmao

>>50359567
Go easy on the racism, chump

>>50360212
Maybe you should go easy on being a faggot ass nigger.

>>50359538
Bear Case:
https://seekingalpha.com/article/4522513-weekly-commentary-revisiting-the-bursting-china-bubble

BullCase:https://www.globaltimes.cn/page/202207/1270467.shtml

Schizoid case:https://www.happierabroad.com/forum/viewtopic.php?t=32866