Re:What Does Evergrande Meltdown Mean for China?
by philliphaydon on Thursday September 23, 2021 @01:00PM
(#28631913)
Lots of videos of the new apartments in China where the walls crumble or are hollow. I remember reading that developers get huge subsidies from the government to build these buildings and either cut corners to pocket the money or never complete the buildings. I donno if that’s true or not. But seeing the tofu houses is makes me feel like it’s true.
Meanwhile my current home outside china is almost 100 years old and not garbage.