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T-Bear 2 points ago +2 / -0

Those magnificent 21st century building Xi was boasting of? Falling down like houses of cards...

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TrumpaSorosFlexx 2 points ago +2 / -0

Chinese concrete is made of Styrofoam and corn cobs. True story

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raver9876 2 points ago +2 / -0

How to be a real estate developer scam artist in China.

  1. Get huge loans from banks and the government to build apartment buildings that no one will ever buy.

  2. Use accounting tricks in order to pocket at least 10% of those loan amounts into your personal bank account. Never pay back the loans.

  3. Use your connections in the government to make sure that no one ever looks into your corruption.

  4. Use the money you stole to buy actual assets outside of China and possibly flee the country.

  5. When the buildings you put up start falling down, laughed heartily.