| ▲ | jhancock 2 hours ago | |
> are they making progress? * The Shanghai and Hong Kong stock market seems to have improved regulatory enforcement. I have no way of measuring this...just stories from others. * Over the past 10 years the China gov pressed on with building more housing in part to dilute value. Each year they have warned that houses are for living, not speculation. Last year, they dumped a huge amount of cheap lending into the market to provide movement...warning this is the last step...a month ago the 2026 gov priorities list removed protecting the housing market...first time in modern history. Expectation is the next two years will see realized losses in property. It would be a huge mistake if the gov hasn't ensured regulatory enforcement of other segments have not reached maturity for the retail investor. We'll see... * As for civil courts, over the past 20 years I've run into quite a few stories from friends and business colleagues that needed to go to China court. The stories are similar to what you may hear in the US. No one suggested the court/process itself was dodgy/unfair. | ||
| ▲ | chii an hour ago | parent [-] | |
> No one suggested the court/process itself was dodgy/unfair. for civil disputes, i am sure they are. For disputes between the gov't and you, i highly doubt it. Is there a single instance of the gov't being sued for a policy that was meant to be political in nature affecting the supplicant? Even someone like jack ma is unable to use the courts to obtain any justice - his Ant Financials IPO was shut down for political reasons, and he was reeducated. There's no such thing as due process in china. | ||