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Slightly over a year ago, I wrote "The $42 Trillion Bubble", which detailed the speculative nature of the ongoing Chinese property bubble. Since the article was written, most Chinese equities and property stocks have fallen or been stagnant, but the PRC has been incredible in finding new ways to delay the inevitable downfall of their bubble. Thus, the bulk of my predictions have yet to play out.
That said, the PRC government has not fixed anything. In fact, they've made their property bubble far worse by lowering lending standards