When Shenzhen is supposed to be your model city and it has a 23% office vacancy rate, you might want to review your development model. I fear that both the mainland and Hong Kong are both already in recession, although Hong Kong is obviously in much more dire straits.
-
-
-
Part of that is the tariffs, part of that is the chaos and brutality, part of that is the debt to nominal GDP, part of that is factories selling at a loss, part of that is a peg that can't move far due to debt denomination -- it's bad, and I don't see improvement coming.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.