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> What are they gonna do, sue in Chinese court? If your hypothetical happens, yes. China has been working hard to turn domestic investment away from housing. A
by jhancock 9mo ago
> What are they gonna do, sue in Chinese court?
If your hypothetical happens, yes.
China has been working hard to turn domestic investment away from housing. A trustworthy domestic stock market is key.
- deleted 9mo ago[deleted]
- davidw 9mo agoAnd are they making progress? Genuine question, I don't know much about China.
- jhancock 9mo 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 9mo ago> 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.
- amrocha 9mo agoThis is such a myopic comment to me. Name me a single country where a rich person goes against the government and wins? You just don’t see it happen much in the US because the government is run by rich capitalists, but pretty much every country is the same.
- Symbiote 9mo agoPrivate companies have won against governments in ISDS courts: https://www.theguardian.com/environment/2025/mar/06/isds-fear-of-billion-dollar-lawsuits-stops-countries-phasing-out-fossil-fuels-aoe https://www.theguardian.com/environment/2025/mar/06/isds-fea...
- amrocha 9mo agoI would say that’s an extension of the idea that rich people run the US government, which runs global organizations such as the world bank, which runs these ISDS courts. China is just big enough to be able to ignore these global orgs.
- exceptione 9mo agoNow try to win a case against the interests or connections of a high ranking official in China. "Law and order" is not equal to "the rule of law". Both China and the US ascribe to the idea of "might makes right", which is in essence an organized form of lawless state. It is conceptually the same as in criminal gangs, only with vastly better optics. That is why anyone not in power should strive for a rules-based order, for their own best interest at least.
- amrocha 9mo agoI think we’re saying the same thing here? Yes I agree, both superpowers are very similar.
- ycombinary 9mo ago
- formerly_proven 9mo ago> 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. Perhaps one of a few genuinely positive policies which only China can do. Meanwhile western countries will rather stab their economies to death than accept even just stagnating real estate prices.
- tooltalk 9mo ago>> No one suggested the court/process itself was dodgy/unfair. Not sure where this is coming from. The EU recently just won a WTO dispute[1] against China that prohibited patent holders (often EU companies) from pursuing or enforcing patent infringement cases in non-Chinese courts -- it violated several provisions of the WTO's Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement), including Articles 1.1, 28.1, and 28.2. Foreigners generally view the Chinese court system with significant skepticism, primarily due to a perceived lack of judicial independence from the ruling Communist Party (CCP), opacity, and the use of the judiciary to serve political goals. 1. DS611: China – Enforcement of Intellectual Property Rights