107

China Rejects $1 Trillion Housing Rescue Plan Pitched by IMF (finance.yahoo.com)

submitted 11 months ago by [email protected] to c/[email protected]

26 comments fedilink hide all child comments

“It would be inappropriate for the central government to directly provide fiscal support, as it could lead to expectation of future government bail-out and therefore moral hazards,” Zhang said.

Ouch, no handouts for the financial bros...😂

you are viewing a single comment's thread
view the rest of the comments

[-] [email protected] 33 points 11 months ago* (last edited 11 months ago)

The IMF will give advice whether you ask for it or not. Then all you have to do is the exact opposite and you'll likely be voted in forever with high public support.

Edit: I see @[email protected] got there before me lol

this post was submitted on 03 Aug 2024

107 points (99.1% liked)

China

2274 readers

42 users here now

Discuss anything related to China.

Community Rules:

0: Taiwan, Xizang (Tibet), Xinjiang, and Hong Kong are all part of China.

1: Don't go off topic.

2: Be Comradely.

3: Don't spread misinformation or bigotry.

讨论中国的地方。

社区规则：

零、台湾、西藏、新疆、和香港都是中国的一部分。

一、不要跑题。

二、友善对待同志。

三、不要传播谣言或偏执思想。

founded 5 years ago

MODERATORS

[email protected]