I’m guessing they believe that the real estate collapse is a 4d chess move to entrap private equity. I’m also guessing they don’t realize the largest real estate developers in China are already state owned entities…
SOE are owned by the state, but they are operated just like any other profit seeking organizations, and thus are not immune to the same problems with private equity we have in the west.
Kinda weird that they’re calling the “collapsing real-estate sector” an economic challenge when that’s completely on purpose
What do you mean on purpose?
I’m guessing they believe that the real estate collapse is a 4d chess move to entrap private equity. I’m also guessing they don’t realize the largest real estate developers in China are already state owned entities…
SOE are owned by the state, but they are operated just like any other profit seeking organizations, and thus are not immune to the same problems with private equity we have in the west.