Anupu
Regular Member
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- Dec 22, 2015
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Financial instruments are not very popular in China, bank deposits don't give high returns, where else will the people park money if not in real estate? Now the population has begun to decline, it's highly likely China may enter debt deflation with a per capita GDP less than Japan. Demographics collapse will have real consequences.
Good summation of the property sector in China & of course the state of affairs at Evergrande.