Vacant New Condo Tower in San Francisco: Tentacles of China’s Collapsing Property Developers Reach Deep into US Cities by Wolf Richter • Jul 25, 2022 • 174 Comments As the condo market is going south on you, you can always try to sell the tower to an investor to convert to rental apartments. But that’s tough too.
Container Ship Wait-Times at Shanghai Fall, Still High. Container Freight Rates Drop, Still 4x of 2019: “Stabilization of Supply Chain Pressures at Historically High Levels” by Wolf Richter • Jun 6, 2022 • 33 Comments Supply chains improve from catastrophically stressed to just very stressed.
Crude Steel Production in 2021 Shifted from China to Other Countries amid Supply Chain Chaos: US Production Spiked 15% by Wolf Richter • Jun 1, 2022 • 55 Comments China still produced more crude steel than the rest of the world combined. Just a baby step, but a huge change in direction.
Stock Markets in China & Honk Kong Dive, Yuan Slides, Crude Oil Drops on Confidence Crisis in China by Wolf Richter • Apr 25, 2022 • 124 Comments The Shanghai Composite and Hang Seng fall to where they’d first been in 2007 during the run-up of the bubble.
Alibaba Plunges Below First-Day Closing Price in 2014. Golden Dragon China ETF Plunges Below its 2007 Price by Wolf Richter • Mar 10, 2022 • 78 Comments The massacre of the China ADRs. Dip buyers got taken out on stretchers.
Nickel Futures Spike Ridiculously, Trading Halted, in Short Squeeze on Chinese Tycoon Facing Billions in Losses by Wolf Richter • Mar 8, 2022 • 69 Comments Shorted nickel to hedge rising output and on a bet the rally in nickel at the time would fade in 2022. Then came the sanctions.
US Dollar’s Status as Dominant “Global Reserve Currency” at 25-Year Low. And USD Exchange Rates? by Wolf Richter • Dec 30, 2021 • 183 Comments Euro’s 20th birthday after dreams of “Dollar Parity” put on ice during Euro Debt Crisis. Central banks still leery of Chinese renminbi.
The Mess of China’s Over-Leveraged Property Developers Spills into California by Wolf Richter • Oct 31, 2021 • 114 Comments Stiffed creditors in China and Singapore seized the halted construction mega-ulcer in San Francisco, the Oceanwide Center.
How China’s Model of Dictated Economic Growth Blew Up by Wolf Richter • Oct 22, 2021 • 178 Comments The debt-fueled property & construction bubble that drove its growth turns into a huge explosive mess with an enormous amount of debt.
THE WOLF STREET REPORT: China’s Model of Dictated Economic Growth Blew Up by Wolf Richter • Oct 17, 2021 • 152 Comments What’s left of the debt-fueled property speculation that drove growth is a huge explosive mess and an enormous amount of debt.
