this post was submitted on 25 Aug 2023
184 points (98.4% liked)

Damn, that's interesting!

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To circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers. (lemmy.nz)
submitted 2 years ago by [email protected] to c/[email protected]
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Context :

https://www.theguardian.com/world/2023/jun/12/gold-bars-used-to-lure-chinese-homebuyers-amid-market-slowdown

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[–] [email protected] 6 points 2 years ago* (last edited 2 years ago)

Are they handing out fakes as well?

The Chinese are very good at this sort of thing.