The Chinese Stock Market Peaked in February or March of 2021

China's real estate market continues to be in an absolute quagmire. They're not seeing any pent-up consumer demand, like was anticipated when they reopened from the COVID lockdowns. I think as likely we're seeing a replay of the pump and dump that played out on Chinese stocks. We're now seeing that with Japanese stocks. That doesn't bode well for the health of the global economy.