Kyle Bass: China’s Xi Intentionally Crashing Housing Market, Preparing for War

Kyle Bass, the founder and chief investment officer of Hayman Capital Management and a founding member of the Committee on the Present Danger: China, in Washington, on Sep. 26, 2019. The Epoch Times

Dallas-based hedge fund manager Kyle Bass is predicting big economic issues for China throughout 2023, stemming from an overleveraged financial system, collapsing property market, and unsustainable birth rates.

China, a nation accustomed to greater than 7 percent real GDP growth for the past 10 years, is seeing signs of economic sluggishness. “The volume of exports could actually shrink by 6 percent on average in 2022 and 2023,” predicted the BlackRock Investment Institute in an October report.