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A comment on China’s property giant Evergrande files for bankruptcy protection in Manhattan. Parent comment

Re:China’s property giant Evergrande files for bankruptcy pr... by zpeti on Friday August 18, 2023 @02:43AM (#37172081)
Except they will be doing this at a much lower economic situation than Japan.

Japan still got to being a first world country, but then busted. China won’t get there.

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Re:China’s property giant Evergrande files for bankruptcy pr... by throwaway2037 on Friday August 18, 2023 @03:58AM (#37172572)
Why was this downvoted? There is plenty of truth here.
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Re:China’s property giant Evergrande files for bankruptcy pr... by The_Colonel on Friday August 18, 2023 @06:25AM (#37173694)
Japanese demographics were also much more stable (even if low in general). China will have a much more dramatic demographic shift. The fertility rate was ~6 in 1970, ~2.8 in 1980 ... 1.09 in 2022. These strong generations will continue retiring, but there will be few young workers to replace them.
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Re:China’s property giant Evergrande files for bankruptcy pr... by bohadi on Friday August 18, 2023 @07:30AM (#37174236)
Been to Hongkong, Singapore, Taipei? Or a mainland city this millenium? The mean and median living there might surprise you. Don't know where you're from or your experience but maybe want to update your priors on what's first world.
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