China Is Trapped... Charles Hugh Smith

There are millions of empty apartments in China that developers and investors are buying as a way to store their wealth, which has disconnected the housing market from the needs of ordinary people. This is a result of entrenched legacy systems that make it difficult to make changes, even if they would benefit the country as a whole. China needs to break free from these systems to create a more sustainable and equitable future.

Watch more of this short video from Turmoil Ahead As We Enter The New Era Of 'Scarcity' | Charles Hugh Smith

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