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Shrinking China piles debt upon debt

March 2, 2026 - 11:30 -- Admin

Chinese property does not look like it will bounce any time soon. Eeeeiiiiiuuuuu. LNY tourism was a bust in per capita terms. Cars need more stimmies. Energy use is stalled. Stimmies are already pumping. But too much is going into paying off old stimmies (now the highest cost to local governments). The new economy is

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