What prices have dropped 90% in China?
What prices have dropped 90% in China?
Udumbara
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A blog titled “A Wave of Plummeting Prices is Sweeping Across China” went viral. The author wasn’t discussing consumer prices, stock prices, or home prices. Instead, he was referring to prices in the commercial rental market.
Two Chinese economists who spoke candidly about the economy have been banned from social media. One described China as a place composed of “a vibrant and busy elderly demographic, dispirited and inactive youth, and despairing middle-aged individuals who feel life has lost its purpose."
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