119
China Is on Edge as Fallout From Its Real Estate Crisis Spreads
(www.nytimes.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 21 Aug 2023
119 points (95.4% liked)
News
23287 readers
1677 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
Your suspicions are generally correct. News about anything is always carefully selected to fit a narrative.
I have been in those kinds of buildings in China. They're real. I also have no idea what difference it makes to the average American to know about them.
Those buildings were pretty wild though. As an American, I relate to them this way: a lot of China's prosperity is recent, within the last couple of decades. You'll see some of the same stuff in America but with respect to much older achievements that were neglected. Both are the result of local governments falling asleep at the wheel or specific politicians ignoring problems to make themselves look better, at least temporarily. In other words, same shit, different day.
Since this is Lemmy, I guess I should say this isn't a "both sides" thing. It's a "this is being human" thing. I suppose the difference between the two is China will censor stuff for civic harmony while US media will blow everything wildly out of proportion to drive rage clicks. So there's that.
Yeah it's a lot of guys getting sweetheart contracts from government construction initiatives, then skimping on materials to pocket as much cash as possible. Capitalism/cronyism doing its thing