People like JP should keep quiet regarding issues he knows nothing about. China has been on the downsilde for years - even before the plandemic. Smart money was making moves to divest in 2018. I will admit that the downsilde started with Trump. He knew exactly which Jinga blocks he had to target being a developer himself. He knew the Chinese economy and local governments were heavily leveraged in real estate. All that was needed was the right shove in the right place to bring it all down. Funny that the current administration has actually doubled down on what Trump started. Now we are witnessing the results. In a couple of years China will be different. It may look more like North Korea - if Xi lives that long or is not taken down by the second generation reds, the princelings.
People like JP should keep quiet regarding issues he knows nothing about. China has been on the downsilde for years - even before the plandemic. Smart money was making moves to divest in 2018. I will admit that the downsilde started with Trump. He knew exactly which Jinga blocks he had to target being a developer himself. He knew the Chinese economy and local governments were heavily leveraged in real estate. All that was needed was the right shove in the right place to bring it all down. Funny that the current administration has actually doubled down on what Trump started. Now we are witnessing the results. In a couple of years China will be different.