DislikedChina is going to have a really good "soft landing".
The difference will be that the Chinese government has purposely "puncture" the bubble instead of having hard to control "panic" situation.
Given the "quickness" of the Chinese government to change gears to handle economic issues, this will lead to a control break of the bubble that will preserve a lot of the asset and will not lead to massive financial disruption nor Housing crisis like we saw in the states.
How do I know this?
I know this because I was told by some very senior...Ignored
Agree with that, China's domestic situation is quite different with western countries.