Little, if any, attention is being paid to the slow-motion collapse of the largest asset class in the world, Chinese real estate. Property sales in China (100 largest developers) were down 53% in March and 47% in Q1 on a year-over-year basis. Here is an excellent video from the Financial Times which provides perspective on this key driver of global growth.
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Location : Port Orange, Florida, United States
I'm an independent investor. I make my living from the returns on my investments and have done so for more than 20 years now. My background is in IT, everything from sysadmin through datacenter manager through hardware and software product management. marketing and development to CTO. Plus a side trip in banking. I sail and fly. -
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