China wipes out two decades of housing wealth while red screens hit stocks and US markets bleed at open

China property was big wealth engine. Now big drag on growth.

Global markets feel China pain quick through trade and sentiment.

Policy fixes slow. Expect ongoing volatility.

Lesson for everywhere: too much wealth in one asset risky when rules change.

Something big is happening in China. pic.twitter.com/uqPj5nPToZ

— NoLimit (@NoLimitGains) July 7, 2026

$200,000,000,000 wiped out from the US stock market at open. pic.twitter.com/7Qvq4NnYr5

— Ted (@TedPillows) July 7, 2026

China is grappling with the longest deflation streak in decades as the economy slows
byu/Nandu_alias_Parthu inEconomyCharts

𝐂𝐑𝐀𝐙𝐘: 🇨🇳 House prices in China are expected to plummet further after erasing all gains from the last 20 years.

This is due to Chinese policy that "houses are for living, not for speculation." pic.twitter.com/9fTOLw9Kj0

— Coinvo (@Coinvo) July 7, 2026