The Chinese Titanic just hit a second iceberg

Monday 16 March 2026

Chinese property is OK post-LNY but the year has started poorly.

The secondary market is still awash.

EV sales have dropped post-incentives. But watch this space. If there is one winner globally from the American Madman’s war, this is it.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.