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Summary
Welcome to edition 30 of the Boom Bust Bulletin. This month we revisit China as it slowly but surely begins to unwind its covid lockdowns allowing travel into and out of the country. This reopening of the Chinese economy holds massive consequences for the global economies. Its economy grew by 4.5% in the first quarter of 2023 alone. This makes it the biggest economy on earth on an annual…
Key Claims
- 19 © Property Share Market Economics Apart from the above, there’s little English translated information about this project. Source – skyscraper centre. This is the Nexus tower proposal in Shenzhen, China. Designed by London based PLP Architecture, its proposal uses three separate but interlocking spaces rather than the traditional straight up single built tower. — confidence: medium
- 22 © Property Share Market Economics It is this trend, above all others, that ensures the peak then bust later this decade of the current 18.6-year Real Estate Cycle will eclipse all that have come before it. And the BBB is your front row seat to it all. Best wishes, Darren J. Wilson And your Property Sharemarket Economics team. — confidence: medium
Notable Quotes
“Remember, you can always contact me via my email address darren@ propertysharemarketeconomics.com with your questions, queries, and feedback.”
“Society must be productive and willing to spend on discretionary items like travel and retail whilst driving economic activity to near record levels.”
""The economy is gradually recovering this year, but it must be noted that the pandemic damaged corporate and personal balance sheets over several years, and they still need time for repair,” NBS spokesman Fu Linghui told reporters.”
“This type of economic growth is less reliant on maintaining export markets and trying to navigate trade restrictions placed upon key industries by the United States.”