China is on the Brink of Catastrophic Economic Collapse – The Bubble is About To Burst

Sep 6th 2023 12:42pm EDT

China’s real estate sector is of massive scale. According to Goldman Sachs Group Inc., its total value reached $52 trillion in 2019, which is double the size of the US residential housing market. Remarkably, this sector contributes to nearly one-third of China’s gross domestic product (GDP). Despite the subpar building standards in China, this doesn’t […]

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