China's Property Market At The Brink: Not A Lehman Moment But An Economic Threat
Published
Sep 20 2021 at 6:13 PM GMT
Key
Points
Points
- The outcome ultimately hinges on how Chinese households respond if property values begin to decline.
- The main risk is that China would confront a loss of confidence by households at a time when business confidence is shaky due to the government's clampdown on tech co and other private businesses.
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- Published Sep 20, 2021 6:13 PM GMT