“Also, there is no real estate bubble in China...”
Not sure what you call a real estate bubble but do a YouTube search for “Chinese ghost cities”. China has been overbuilding for at least a decade. If the construction stops the economy tanks so they just keep building without anyone buying any of the apartments they’ve built. China’s three biggest construction companies are in such bad shape they can’t service their debt. It was all over the news until Putin’s Ukraine war took over the news cycle.
All three comments were sarcasm.