China launches test runs for world’s largest plant that can convert coal to ethanol::undefined

  • falkerie71@sh.itjust.works
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    10 months ago

    There’s another side to this. “Pre-planning” without proper forecast led to the housing crisis we are seeing today in China, with one of the largest developers in China Evergrande defaulting and filing for bankruptcy. A lot of people who were promised a good property and sunk their life savings into the project, now have no choice but to live in unfinished buildings in ghost towns without electricity nor water.

    https://www.aljazeera.com/economy/2023/10/31/crumbling-buildings-and-broken-dreams-chinas-unfinished-homes
    https://www.reuters.com/markets/asia/china-home-buyers-occupy-their-rotting-unfinished-properties-2022-09-26/

    • umbrella@lemmy.ml
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      10 months ago

      I haven’t got into the article that much but sure, nothing is perfect.

      Is it better to not even try and pretend its acceptable for people to be homeless, like they do almost everywhere else?

      • falkerie71@sh.itjust.works
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        10 months ago

        They’re not building apartments to give out to homeless people for free here. People actually had to pay for those properties and were scammed.

        • umbrella@lemmy.ml
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          10 months ago

          at least you have something to criticize, ill take it over literally nothing any day.

          • falkerie71@sh.itjust.works
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            10 months ago

            Imagine being literally scammed into pouring your life savings into a property that is unfinished without electricity nor water, and then thinking “at least I have something so I shouldn’t complain”? Those people actually had something before, now they’re left with less than nothing.

            • umbrella@lemmy.ml
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              10 months ago

              you are acting as if everything was a big scam and literally everyone lost everything.

              in reality this same thing happens occasionally all over the world all the time and has many possible paths for resolution.

              • falkerie71@sh.itjust.works
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                10 months ago

                Sure. Please find me articles about places that have incidents happening in a large scale like this right now then. Or do big companies like Evergrande just default occasionally all over the world in your books?

                • umbrella@lemmy.ml
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                  10 months ago

                  i have a feeling yoy can use google yourself to understand the situatuon

                  • falkerie71@sh.itjust.works
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                    10 months ago

                    You’re the one who made the argument. The responsibility lies on you.

                    Edit: and are you, who haven’t posted a single link here yet, really telling me, who did provide news articles, to do my own research? How ironic.