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China. There are official statistics and there are statistics. NBS China says that existing home prices are down 13.6% from 2021 peak. But Centaline data says that the fall is double that and prices are back to 2016 levels.
Leverage is lower but housing is the main store of
时政
(
twitter.com
)
由
PPG
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Warren Buffett: There are levels of trade deficit that bother me
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Warren Buffett: There are levels of trade deficit that bother me
"when you are, in effect, buying more from other countries than they're buying from you, you are handing them investment funds"
"we don't want it to be a question of where we import 20% of our GDP and we export
时政
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twitter.com)
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