As Chinese industry dies, empty apartments ride back

It’s the always stimulus that never dies. The Chinese economic recovery is basically toast, via Capital Economics:

With people movement still weak and industry stalled, there is one bright spot as usual:

Can an economy survive on empty apartments alone? China is going to find out. The world is not supportive of anything else. Asia is buggered:

Europe is buggered:

The US is buggered:

It’s a depression.

David Llewellyn-Smith
Latest posts by David Llewellyn-Smith (see all)

Comments are hidden for Membership Subscribers only.