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China’s property crisis deepens as developer Country Garden at risk of default
(www.theguardian.com)
this post was submitted on 18 Aug 2023
13 points (72.4% liked)
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What is with the down votes? What are you disagreeing with?
I don't trust the source, but why downvote without comment?
Because it is hard to address the subject matter of this article.
First, China is acting in a capitalist manner, even if it is state-backed capitalism. Second, China failed at something. Third, the failure can't be blamed on imperial Western meddling.