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Re:How China's “debt traps” work by vondur on Monday October 02, 2023 @03:08PM (#37742913)
Other countries have the rule of law and you can sue a developer. That’s not possible in China. I did read where disgruntled Chinese are withholding payments on these unfinished buildings. Not sure what the repercussions could be for those who do it.
Re:How China's “debt traps” work by throwaway50600 on Monday October 02, 2023 @04:33PM (#37744039)
Lots of people lost a lot of money on never finished apartments in my (EU) country. Suing doesn't help you when there's no money left to distribute.