Can anyone explain the new talking point about some miscounted population in China causing economic devastation? First I heard a random acquaintance mention it at some lunch (which was immediately dismissed by our Chinese friend present at the table). Then I just saw the linked YouTube video in my recommended. I couldn’t even stomach whatever brainworms they must be hocking to watch it.
Just hoping someone can explain whatever the hell they’re on about.
chinaa place is collapsing because there’s not enough people buying houses to ensure enough demand to keep a high floor price on iron ore exports