Comments by "D W" (@DW-op7ly) on "‘It’s Getting Worse’ Chinese Analysts on China’s Economy | Taiwan Elections | Property Crisis" video.

  1. Common prosperity and the cooling of the Chinese real estate has been by design. The writing was on the wall in 2010/2011. When the Central Government started to cut off money flow to the developers. That's when we heard about shadow banks and underground economy. That's because developers were still building higher end housing. When there are still a few hundred million poorer rural folks who need affordable housing in the cities. As they are still expected to join the more well off city folk. As we heard about the Chinese property developers selling their junk bonds a few years back. To sophisticated foreign investors. Which I warned anyone that would listen not to buy. Because their Central Government wasn't going to backstop many of these developers
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