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China’s property market is in freefall. What does this mean for the world economy? | Keyu Jin
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China’s property market is in freefall. What does this mean for the world economy? | Keyu Jin
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China’s property market is in freefall. What does this mean for the world economy? | Keyu Jin The sector is dangerously overheated – but unlike the 2008 financial crisis, the global ripple effect is likely to be limitedThe property sector in the Chinese economy has always been something of a puzzle. At its peak, it accounted for a quarter of the nation’s economic output, broadly measured. An... https://www.theguardian.com/commentisfree/2022/aug/23/china-property-market-world-economy Read more at: https://UncensoredNews.US/china-collapse #world-news #china #economics #business #housing #communities #chinese-economy #asia-pacific #china #foreignpolicy #military #government
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