Comments by "Louis Giokas" (@louisgiokas2206) on "China's Nightmare Is Coming! Foreign Business Flee, 23 Trillion Fiscal Deficit u0026 Birth Rate Collapse" video.

I see no way for the real estate sector to recover. The three red lines policy was brought forward because the industry had become a giant Ponzi scheme. In addition, the Chinese people had few other places to invest. The equities market was not really open to them, and it is too small and illiquid to absorb the money. In addition, living so long under communism, they did not understand it. Property they understood. I have seen an analysis claiming that there are so many homes (apartments) in China that everyone on the planet could have two.
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