▲ 139 ▼ China launches test runs for world’s largest plant that can convert coal to ethanol (www.scmp.com) submitted 2 years ago by L4s@lemmy.world [M, B] to c/technology@lemmy.world 46 comments fedilink hide all child comments China launches test runs for world’s largest plant that can convert coal to ethanol::undefined
[+] umbrella@lemmy.ml -1 points 2 years ago* (last edited 1 year ago) (1 child) [deleted] permalink fedilink source parent hideshow 2 child comments replies: [–] falkerie71@sh.itjust.works 1 point 2 years ago* (last edited 2 years ago) Even if it's not done out of malice and it's purely out of ignorance, to the end user/buyer, what difference does it make? Investors and employees alike protested in front of Evergrande office regardless, and owners are still left without a complete home, or without one entirely. And are you really trying to give them a pass? A company so large they couldn't afford to make proper financial forecast and decisions? A country so powerful and literally has hands in private businesses, they couldn't see potential problems with it? Really? There were signs of a housing bubble since 2010! Surprise surprise, China did end up actually detaining the chairman of Evergrande and some of it's senior employees for misusing funds. Makes so much sense. More stuff to read: https://www.bbc.com/news/world-asia-china-66956769 https://web.archive.org/web/20231229093805/https://www.nytimes.com/2023/12/05/business/china-evergrande-default-debt.html permalink fedilink source parent
[–] falkerie71@sh.itjust.works 1 point 2 years ago* (last edited 2 years ago) Even if it's not done out of malice and it's purely out of ignorance, to the end user/buyer, what difference does it make? Investors and employees alike protested in front of Evergrande office regardless, and owners are still left without a complete home, or without one entirely. And are you really trying to give them a pass? A company so large they couldn't afford to make proper financial forecast and decisions? A country so powerful and literally has hands in private businesses, they couldn't see potential problems with it? Really? There were signs of a housing bubble since 2010! Surprise surprise, China did end up actually detaining the chairman of Evergrande and some of it's senior employees for misusing funds. Makes so much sense. More stuff to read: https://www.bbc.com/news/world-asia-china-66956769 https://web.archive.org/web/20231229093805/https://www.nytimes.com/2023/12/05/business/china-evergrande-default-debt.html permalink fedilink source parent