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this post was submitted on 26 Aug 2023
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GenZedong
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this doesn't mean that china has no economic issues at all. real estate, for example, must be properly managed without wiping out everyone's investments.
I don't think preserving investments is going to be the priority there, rather the focus will likely be on preserving jobs. What I think is most likely to happen is that large chunks of the real estate industry become nationalized.