@Hoss @p @lanodan @hj @gentoobro @mangeurdenuage There were those SHIBOR shocks, when interbank lending in China had a meltdown. Multiple times.
They’ve also blown up a housing bubble that is pretty wild. I kind of lost track after it passed 30,000 yuan per square meter for a concrete death box.
Add in the uncertainty of the 70-year lease expiring on all the properties retirees are living in, and that everyone one working adult is supporting seven pensioners.
And no kids.
Problems there too.