![Evergrande](/content/images/size/w720/wp-content/uploads/2021/11/2021-10-24T065428Z_2_LYNXMPEH9N02F_RTROPTP_4_CHINA-EVERGRANDE-DEBT-1-scaled.jpg)
What do China’s real estate industry troubles mean for the US economy?
The thing is though, China’s real estate market has been called the most important industry in the global economy and accounts for about 30% of China’s GDP. Just for a bit of context, 10%-20% is the typical industry composition for most developed nations.
What troubles?
* Right now,