
The Resilience of Chinese Assets: China Real Estate vs. US Stocks, the De-financialization of Chinese Assets is Faster

One of the sources of China's asset resilience lies in the more thorough de-globalization and de-financialization. In the past, the two major financial assets formed by globalization (Chinese stocks and U.S. stocks) have seen China de-financialize more rapidly: gold-priced Chinese housing prices have returned to levels near 2010, while gold-priced Nasdaq remains at historical highs. (Minsheng Securities)
One of the sources of China's asset resilience lies in the more thorough de-globalization and de-financialization. In the past, the two major financial assets formed by globalization (Chinese stocks and U.S. stocks) have seen China de-financialize more rapidly: gold-priced Chinese housing prices have returned to levels near 2010, while gold-priced Nasdaq remains at historical highs. (Minsheng Securities)