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No, its Chinese wealth... they saved for a long time and now are in a buying mood... that's why my investments are for China right now... they will undergo the same thing though... bust to boom and back down to bust... good time to sell... and later on a good time to buy... while they complain about dropping real estate prices... the government is causing everything to go haywire... next thing you'll know, they will blame the "free market" for what the government caused... pfft...
China also had a big $500 billion stimulus. Seems to be working.
Remember, China is a creditor nation. They have money.
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