Housing starts in China 👇 Anybody surprised that commodities are dropping like a stone? Chart @Lvieweconomics pic.twitter.com/8eMAOVnoS6
— Michael A. Arouet (@MichaelAArouet) July 19, 2022
China’s property developers are halting work on a growing number of home construction projects, as indicated by the gap between growth in the pipeline of new projects and current construction activity, now at its widest in a decade. pic.twitter.com/1LiNxvXmpB
— Gavekal (@Gavekal) July 19, 2022