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KK C
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Comments by "KK C" (@k.k.c8670) on "China's Economy is in Bad Shape" video.
What's so 'wild' about that? If you do some research, you'd see that it's a pretty common practice for real estate developers in many countries.
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Meanwhile, the US and some western countries are printing money by the trillions to just give it away to people to buy booze, cigarettes and gun.
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Oh lord. Either the OP is wet behind the ears or it's a fake post. Just to remind you. China has 1.4B people. Over 4 times that of the US. It has over 100 cities with more than a few million people. Are you surprised that there are LOTS of buildings? How many are 'empty'?
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@dingfeldersmurfalot4560 so is your anti-china army of tro/lls.
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The way property developers finance their projects (pre-building finance, bonds etc) is a COMMON practice worldwide. Oh, and foreigners own very little of the debts. Most bonds are local and Yuan-denominated.
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