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Yeah, I'm sorry to break a nationalist's heart. China needs foreign investment to survive, otherwise its 22% youth unemployment rate, 3 of its biggest real est
by jamesaurichs 3y ago
Yeah, I'm sorry to break a nationalist's heart. China needs foreign investment to survive, otherwise its 22% youth unemployment rate, 3 of its biggest real estate companies being bankrupt, local government's $12 trillion debt, 600M citizens on $140/month income will just get worse.
But those investments are now gone forever.
- oreally 3y agoNah I'm no nationalist. Just trying to provide balanced views. > But those investments are now gone forever. Can bet there will still be investors coming in to fill the void.