Dear Friends,

Attached is an op-ed on the growing bust in the Chinese property and real estate area, which I believe is the elephant in the room which will push the Chinese economy to go into its lowest level of growth since Tiananmen Square. Of particular interest is that it was posted in Hong Kong’s leading English language newspaper, the South China Morning Post.

Please let me know your thoughts.

Regards,

Bill Rhodes

Here’s the link: https://wrrga.com/wp-content/uploads/2022/08/Avoiding-the-pain-of-Chinas-housing-crisis-risks-infecting-the-wider-economy.pdf