MarkD Posted July 31, 2022 Share Posted July 31, 2022 The Chinese value property, it's a sign of wealth. So much so they've gone made for it and way over leveraged. From what I'm seeing the Chinese have their very own sub prime. Lots and lots and lots of mortgages taken out against massively over valued property. So, what if it all goes pear shaped? Would there be a knock on effect here in the West? They have invested globally. Quote Link to comment Share on other sites More sharing options...
PeanutButter Posted July 31, 2022 Share Posted July 31, 2022 Belt and Road projects all stalling too. https://www.ft.com/content/eb2d89f6-afd1-491e-b753-863e9727f6de Quote Link to comment Share on other sites More sharing options...
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