2min chapter

The Macro Trading Floor cover image

Diego Parrilla: China Is Running Out Of Options

The Macro Trading Floor

CHAPTER

The Real Estate Sector in China Is One of the Hot Potatoes

If we look at the real estate sector in china, it's obviously one of the hot potatoes. The kind of leverage and and debt that has been used to finance this roth itis totally unsustainable. And that you get to the point where these things become systemic. I think it has very deep implications for for the wealth effect, for the economy, ah, for the savings, for the expectations for future growth. This is not a chinese issue. This is obviously a globl issue.

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