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My wife's friends on WeChat say they are locking all the balcony doors of the apartments in her area of Beijing. I thought she was joking but apparently they are serious.
My Uncle who lives in Guangzhou (and is married to a Chinese wife, and kids are 1/2 Japanese, 1/2 Chinese) told me that his wife's side of the family lost a lot, its that bad in the real estate area. My Uncle owns a Japanese import export store (bodega) stationed in Guangzhou as well as Hong Kong ---- seems like lots of his workers are panicking. There is panic going on. But that's just from his side of the story --- and in Guangzhou. I don't know what its like in Beijing, Shanghiai, Ningbo and other parts of the country.
originally posted by: StoutBroux Since China produces almost everything, if they went to full automation and with their excess population, it would be even more devastating.