42 sats \ 1 reply \ @0xbitcoiner 17 Jun \ on: China's Industrial Growth Slows; Retail Sales Surprise Analysts econ
Could these be the effects of the tariff hikes by the US and EU? The real estate market seems to be struggling, but that was to be expected. I can already see the Chinese government injecting more money and credit in the market.
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32 sats \ 0 replies \ @TomK OP 17 Jun
the real estate market in China is collapsing for two reasons: firstly, because of demographics and secondly, because the communist government has used this market for years, if not decades, to prop up a weakening economy and create overcapacity. this is now being reduced until they inflate it again
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