Dollar & Sense: The Brookings Trade Podcast cover image

Making sense of China’s economy

Dollar & Sense: The Brookings Trade Podcast

CHAPTER

China's Property Market Is in Trouble

China's urbanization rate is less than 50%. If you count the migrants as part of the urban population, China'sUrbanization rate I think is about 62% and other nearby densely populated Asian economies, it's much more likely to be up above 80%. So hopefully, well, there's a good chance China will move in that direction. It would create some more opportunities for people to move from the countryside to the city.

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