Speaker

Evidence Quote

“you have to make the case for each individual development in a way uh not just in China but for foreigners going into China that couldn't be can't be done in the way that it's been done in the last 30 years. So, this is a seizing up of the overall system. And just like in any recession, the folks who have better cash flow and better financial connections and better economics for whatever they're trying to do, those are the ones that make it through. Everything else shakes out. Everything in China is going to shake out.”

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