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I have been saying this for a long time.
From a Baron's article
(https://www.barrons.com/articles/china-xi-jinping-economics-rise-51655929850?refsec=economy-and-policy)
" Recent analysis by the South China Morning Post of data from the Chinese census authority suggests China’s population will be half the size in 2050 compared to today. "
The hell...
So much for the real estate boom.