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Popeye82

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19/09/21

08:41

Post #: 56180904
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Originally posted by Popeye82: ↑

Is China headed for civil war? How wealth redistribution will reshape markets - Chen Lin

- China is currently making reforms to redistribute wealth. This will have an adverse effect on the economy as investors move capital and business away from the country, and worse, cause an outright civil war, said Chen Lin, president of Lin Asset Management.

"There is a historical precedent. I'm not saying that what happened 2,000 years ago in the Han Dynasty will happen today, but there is a decent chance that China can slowdown," Lin told David Lin, anchor for **promotion blocked** News.....................................................-

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Evergrande Inches Closer to Default as China's Real Estate Market Collapses
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Recent developments in China show that the long overdue correction in Chinese real estate prices may devolve into an outright collapse as China Evergrande defaults on debt payments and other developers show sign of weakness. Follow The Last Bear Standing on Twitter: https://twitter.com/TheLastBearSta1 #Evergrande #China #RealEstate
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