Will The China Real Estate Meltdown End The …

Sales for real estate are down over 60% for second hand homes and 25% for new homes on the back of regulatory tightening. Pricing in some areas has halved. Manufacturing PMI is flat at 50, and non-manufacturing PMI indicates contraction at 47.5. With China making up over 30% of new equipment purchases, smartphone sales continuing to be weak, and microcontroller pricing falling, is this the end of the semiconductor shortage?

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