China bust

As China entered the modern world it went on a massive infrastructure program to provide jobs for the millions who moved from the rural areas to the cities. The result is an overbuilt infrastructure most notably real estate where there are ghost cities, where no one lives. A similar situation is happening in the United States but with much different results. More people working from home has caused a glut in real estate office space and the value of such space is falling rapidly but meanwhile the push to reshore has resulted in a shortage of manufacturing facilities. The US will undertake a huge building boom to provide for these new plants. China will be losing manufacturing while the US gains manufacturing.