Comments by "Kenz300 x" (@KJSvitko) on "Homebuyers pay price for China's property meltdown | DW News" video.

  1. Foreign investors and foreign bond holders will lose their money. The PONZI scheme has collapsed.
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  2. China allows too much corruption. Theft of intellectual property is common. They try to dominate the market and put other local companies out of business. Spammers, scammers and phishing accounts are common and not prosecuted. You can not trust any numbers produced by companies from China. China's economy is in slow decline. The virus lock downs will speed it up. Lower GDP, higher unemployment, property developer bankruptcies, small and medium businesses going broke, local governments running out of cash, local banks running out of cash and individual personal despair of the population will lead to lower consumer spending.
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