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> Wouldn't that severely damage China's ability to attract foreign capital, though? I kinda get the impression that they want capital for manufacturing rather
by disgruntledphd2 5y ago
> Wouldn't that severely damage China's ability to attract foreign capital, though?
I kinda get the impression that they want capital for manufacturing rather than property speculation.
Given how important house prices/construction is for their economy and growth, it's gonna be really interesting to see what they do (will they accept negative GDP growth to increase "common prosperity").