One bubble burst. The property bubble is still there. Normally there is a 9 months lag from a stock market bubble burst, until it affects the property market; This will get interesting in April...
If that is true I expect things to get very interesting in the political sphere. The Chinese government has been doing a lot of things related to the 'cultural identity', 'historic boarders', and other things related to national pride. If the economy really does take a downturn there, I would expect for the government to ramp these things up even more. Try and push hate and blame on the west while strengthening the resolve of the people. Its a common tactic for all governments (us vs them).
One bubble burst. The property bubble is still there. Normally there is a 9 months lag from a stock market bubble burst, until it affects the property market; This will get interesting in April...
If that is true I expect things to get very interesting in the political sphere. The Chinese government has been doing a lot of things related to the 'cultural identity', 'historic boarders', and other things related to national pride. If the economy really does take a downturn there, I would expect for the government to ramp these things up even more. Try and push hate and blame on the west while strengthening the resolve of the people. Its a common tactic for all governments (us vs them).