China’s multi-layered property crisis explained

21/07/2022 21 min
China’s multi-layered property crisis explained

Listen "China’s multi-layered property crisis explained"

Episode Synopsis

Homeowners in the world’s second-largest economy are refusing to pay mortgages on unbuilt homes. In this Viewsroom podcast, Breakingviews columnists describe how government deleveraging policy destabilised the sector – and President Xi Jinping’s unpalatable options for fixing it.
Learn more about your ad choices. Visit megaphone.fm/adchoices