Really impossible to say. Their financial reporting standards are lax and opaque. Outsiders have a difficult time assessing the true situation. I think it makes military action against TW more likely as it would distract from their financial house of cards plus the weak US leadership that is hesitant to retaliate. I read somewhere the other day that the China has 65 Million unoccupied apartments. Think about real estate companies trying to float that boat anchor.
