MarketMatt Channel
OP
102539156 Dan
:
Chinese economy is controlled by the real estate market, which makes up 35%, as the real estate market continues to struggle I would stay away from Chinese stocks. If the government does something to inject liquidity, that will help the Chinese market.
Shootingstar
MarketMatt Channel
OP
:
All China needs is to collect money from the many countries that owe them money plus interest or collatoral. But yes their reliance on housing like in any countrys contribution to gdp growth is a headache for them atm
102539156 Dan : Any thoughts on the Chinese ADR?
MarketMatt Channel OP 102539156 Dan : Chinese economy is controlled by the real estate market, which makes up 35%, as the real estate market continues to struggle I would stay away from Chinese stocks. If the government does something to inject liquidity, that will help the Chinese market.
Shootingstar MarketMatt Channel OP : All China needs is to collect money from the many countries that owe them money plus interest or collatoral. But yes their reliance on housing like in any countrys contribution to gdp growth is a headache for them atm