Canada

I really wonder which of us is deluded by propaganda.

Putting aside the fact that I seriously doubt that 5% declared is rooted in reality, there is zero doubt that the Chinese population is drowning in debt. When it takes a half decade of work just to put a down payment for a home, and they have hundreds of millions of home units verifiably existing, and entire cities of completed homes with only a small fraction of which are being used, with evidence of such popping up all the time, saying that the population isn't in a desperate financial situation is ludicrous.

I do agree that Asia is a low hanging fruit, but that's mostly India and southeast Asia. China has no ability to import anything beyond base commodities and any decent scale. Just look at their stock markets and how they're all wildly fluctuating like a gambling addict at a craps table. Not to mention that many of their greatest corporations are either going under or fleeing the country.

Foxconn of all companies have mostly moved out have set up base in India and the Philippines. Not to mention the top five construction companies are all going under with debts in the billions.

And if that's not enough for you, what about all the refugees that are crossing over from Colombia? That the US declared last year that Chinese made up the greatest single group seeking asylum via one of the world's most dangerous migration paths.