I’m convinced there’s no coincidence between the various woes the Chinese economy is suffering now, but that’s more of a gut feeling given what I see. There’s nothing I can concretely point at that connects the two.
It would in the turn around of properties. Construction supplies have been sparse for over a year, now. If you can't rehab, remodel, construct, or de/re-construct so you can sell it, then it hurts the bottom line of the owner. New construction and remodels in Chynah are waaaayyyyy down.
Are we seeing some of the pain manifest in financial debacles like Evergrande, etc?
I’m convinced there’s no coincidence between the various woes the Chinese economy is suffering now, but that’s more of a gut feeling given what I see. There’s nothing I can concretely point at that connects the two.
Also they are having an energy crisis. No power in wide swaths of the country.
Also, additionally, they are asssshoe.
It would in the turn around of properties. Construction supplies have been sparse for over a year, now. If you can't rehab, remodel, construct, or de/re-construct so you can sell it, then it hurts the bottom line of the owner. New construction and remodels in Chynah are waaaayyyyy down.