Taylor Loeb is a DC-based Senior Analyst at Trivium, where he focuses on China’s domestic economy and financial markets. You can find his sporadic tweets here.
Rather than a big bang collapse, China’s property sector is experiencing a slow-burn deflation. And, over the course of the next five to 10 years, it will be transformed into a humdrum, low-profit sector, argues financial analyst Taylor Loeb.
With Western sanctions piling up, the urgency is increasing for China and Russia to develop financial alternatives to the dominant dollar-Euro financial system. The RMB, while far from replacing the dollar, is slowly gaining traction as an international currency.