Very useful in-depth report this by Guo Yingzhe, Niu Mujiangqu and Zhu Liangtao for Caixin on the operation of China's ponzi real estate finance system and the critical role of large down payments.
caixinglobal.com/2022-07-29/in-…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…