• Risk Desk
The China Property Risk: What if the Bubble Bursts?
The Elephant in the Room
China’s real estate sector used to consume 25% of the world’s copper. That sector is now dead in the water. So why aren’t copper prices crashing?
Fabrication Switching. The copper that isn’t going into new apartments in Shenzhen is now going into:
- EV Factories.
- Solar Farms.
- Grid Upgrades.
The “New China Economy” is offsetting the “Old China Economy.” The risk is real, but it’s increasingly priced in.
Analysis by Risk Desk