this post was submitted on 25 Aug 2023
166 points (98.3% 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 throws_lemy@lemmy.nz to c/damnthatsinteresting@lemmy.ml
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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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[โ€“] czech@lemmy.world 44 points 2 years ago (12 children)

I'm interested in why the bar is so chewed up. Are they handing out fakes as well?

[โ€“] reflex@kbin.social 4 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.

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