To circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers.lemmy.nzimage Lee Duna ( @throws_lemy@lemmy.nz ) cake Damn, that's interesting!@lemmy.mlEnglish • 10 months ago message-square7fedilinkarrow-up1113
arrow-up1113imageTo circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers.lemmy.nz Lee Duna ( @throws_lemy@lemmy.nz ) cake Damn, that's interesting!@lemmy.mlEnglish • 10 months ago message-square7fedilink
Context : https://www.theguardian.com/world/2023/jun/12/gold-bars-used-to-lure-chinese-homebuyers-amid-market-slowdown
minus-square argv_minus_one ( @argv_minus_one@beehaw.org ) linkfedilink2•10 months agoHow so? This looks like unscrupulous businesses finding loopholes in the regulations and the government being slow to close them. Same thing happens in the west.
How so? This looks like unscrupulous businesses finding loopholes in the regulations and the government being slow to close them. Same thing happens in the west.