All economies are complex, they all cycle Bill. China had a housing crash just like many countries in the West have had over the years. It works itself out, the Chinese are investing heavily in energy infrastructure to offset the decline in housing (for example). The are still forecast to make 1B tonnes of steel which makes BHP and co very happy.
There is also a huge amount of money going into hospitals and other medical infrastructure which would could argue bodes well for the medical sector that services it.
You can focus on the negatives or focus on the positives. The media loves to push the negative as bad news sells. Your focus is probably too short term. Look at the last 100 hundred years of the West, WW2, the oil shock, many regional wars, stock market crashes, GFC, Covid etc etc. Its just part of the game.
UCM Price at posting:
3.1¢ Sentiment: None Disclosure: Not Held
