Great discussion. One thing I would like to add; the real estate market in China went bonkers because the CPC had decided to manage real estate in a capitalist style. 2017 there was a deliberate policy change to 'pop' the R.E. bubble before it threatened too much drama. So the 'collapse' is more accurately described as 'managed decline', with some nationalisation and few prosecutions in the case of fraud.
Great discussion. One thing I would like to add; the real estate market in China went bonkers because the CPC had decided to manage real estate in a capitalist style. 2017 there was a deliberate policy change to 'pop' the R.E. bubble before it threatened too much drama. So the 'collapse' is more accurately described as 'managed decline', with some nationalisation and few prosecutions in the case of fraud.
Weird sense of smugness and relief from Tina on acknowledging China isn't "taking over"
🧐
She thinks Taiwan is a 'tricky question'.