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China Property: Worse Still To Come?

11 mins·07:30, 27 Nov 2023
podcast image

China Property: Worse Still To Come?

11 mins
·
07:30, 27 Nov 2023
·

Guest: Louise Loo, China Economist, Oxford Economics

China's property woes continue to be of concern with shadow banking giant Zhongzhi Enterprise Group disclosing last week that it was severely insolvent, revealing a shortfall amounting to USD36.4 billion, which authorities are currently investigating. Louise Loo, China Economist with Oxford Economics, talks to us about how this fallout might impact the overall economy.

Image credit: Shutterstock.com

Presenter: Wong Shou Ning, Keith Kam, Anwar Mahbob

Producer: Shazana Mokhtar

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