Chinese property Titanic careens into another iceberg

Advertisement

The ferrous complex is looking rather weak suddenly.

Part of it is the greatest housing crash in the history of the cosmos is getting worse, not better. Goldman.

Hmmm…

Advertisement

Inventory rising again.

Completions are better, but no cigar.

Prices, oh dear, as folks abandon property portfolios.

Advertisement

No end in sight.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.