https://www.nytimes.com/2025/04/07/business/china-manufacturing-exports-trump-tariffs.html

“China is using more factory robots than the rest of the world combined …. factory output is bigger than the combined manufacturing of the United States, Germany, Japan, South Korea and Britain.”

But

“housing market crash since 2021 has wiped out much of the savings of the middle class and ruined many wealthy families.”