What Will Happen to China's Property Sector?

If the bubble does indeed pop, let's just think, if you're an investor, like, what does that even mean? Well, to day, china accounts for something between forty to 50 % of all demand for industrial commodities. That's going to be severely tailed. The other kind of outcome that people don't talk about as much is local governments are dependent on property to function. And they have a sudden stop kind of problem on your hands there. But generally speaking, when systems are growing and the political questions are how do you distribute the goodies,. it's easier than how you distribute the pain.