Investor confidence in China’s troubled property sector has been rocked again this week by reports that one of the country’s largest private building conglomerates missed interest payments on two bonds.
Investor confidence in China’s troubled property sector has been rocked again this week by reports that one of the country’s largest private building conglomerates missed interest payments on two bonds.
Their population demographics are a problem that is going to be much harder to manage. If they succeed, good on them for figuring it out. But they’ve managed because they’ve had fresh population to feed into their economy. That is NOT going to happen going forward. So they better change their strategy.
Honestly, I hope they do for the sake of the human beings living on that piece of earth currently ruled by the CCP. I actually wish them no ill will and the rest of the world is likely to suffer if china has a full on collapse.
And yet still, fuck the CCP.