Economic momentum is slowing, yet officials keep pushing optimistic headlines. Ignoring these signals will hurt sooner or later, and ordinary people will feel the pinch first.
Real estate makes up around 70% of gross household wealth in China 🇨🇳
Every 5% decline in home prices will wipe out 19 trillion yuan (~$2.7 trillion) in housing wealth.
— stan1m1r (@stan1m1r) August 16, 2025