China’s unexpected economic difficulties are starting to unnerve investors in world markets, especially commodity markets, as China is the world’s largest consumer of most raw materials and the second-largest consumer of oil.
First they were concerned that there were shortages because China was consuming too many raw materials. Now they are concerned that the Chinese are not consuming enough raw materials.
What I am watching for is when the Infrastructure and Show-off buildings China has been building at a furious pace start to show signs of cracking and disrepair. As someone once said; Modern China is a three foot civilization. Once you get within three feet of the walls and such you start to see shoddiness.
We were in China about a year and a half ago and noticed the shoddiness of the construction. My husband is a custom builder and was amazed at what they got by with.