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China

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brian.rrr
79
2 years agoSteemit

Hi Friends,

As an investor, I am always on the looking for opportunities. With the Chinese stocks down more than most, I have been trying to see if there is a buying opportunity.

However, after spending more time digging, I think I am going to pass for now. With the Taiwan issue unresolved, geo-political tensions with the US, a struggling economy, a potential bank run due to people not being able to access their deposit accounts, and a fragile real estate market, I think the risks are too great.

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I think the real estate market looks particularly shaky. I guess you prepay for a lot of in-development real estate in China, and there a lot of people who are withholding payments on their future homes due to the potential that the project may not actually be completed as the loan and homebuilders are struggling.

What do you think of China as an investment right now?

Thanks for coming by,
Brian

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