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China Property: Worse Still To Come?

Louise Loo, China Economist, Oxford Economics

27-Nov-23 07:30

China Property: Worse Still To Come?

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

Produced by: Shazana Mokhtar

Presented by: Wong Shou Ning, Keith Kam, Anwar Mahbob


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Categories:  economygovernmentinternationalCorporates

Tags:  chinapropertyreal estatepolicyshadow banking





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