Investor confidence in China’s troubled property sector has been rocked again this week by reports that one of the country’s largest private building conglomerates missed interest payments on two bonds.
Investor confidence in China’s troubled property sector has been rocked again this week by reports that one of the country’s largest private building conglomerates missed interest payments on two bonds.
yeah there are certain things they can’t do, like magically create population they don’t have. even the BEST predictions, based on China’s own reporting (which is suspected to be very inflated) say they are in for a very harsh reality demographically speaking.
https://www.salon.com/2023/07/30/chinas-great-leap-backward-so-much-for-the-next-dominant-superpower/
https://www.huffpost.com/entry/china-population-drop_n_63c69f7be4b0cbfd55f616e2
https://www.economist.com/graphic-detail/2023/08/03/china-will-become-less-populous-more-productive-and-more-pricey
So yes they might be able to handle this current situation, maybe, but they are in for a very rough time of it and they have very few options.