China's real estate crisis deepens as defaults rise, population falls.

China's Real Estate Collapse

At the heart of the decline in family wealth is China's real estate meltdown, which is having a pervasive effect on a society where 70% of family assets are tied up in property.

Towards the end of last year, 34 of the top 50 Chinese property… pic.twitter.com/owUbTR8RjW

— Reef Insights (@ReefInsights) February 27, 2024

China: Deflation Leads To Deferred Spending pic.twitter.com/dhyqBUqovo

— Win Smart, CFA (@WinfieldSmart) March 22, 2024

See also Does this prove the vibecession is not a meme but the brutal reality where people have paychecks that do not cover basics so they max cards until the bridge snaps and defaults explode?

See also What Do They Have Planned? Scientists Are Projecting That The Population Of The World Could Fall By 50 Percent By 2064