Changing China
The Bottom Line
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Is the Real Estate Sector a Two Edged Sort for China?
Property counts for 30 % of economic output sos. A huge secton the banks won't collapse, but it is putting a lot of strains on the economy and people generally. The fundamental problem of this high house price is that the property price is too high. And i think this chain needs to be broken. There are a whole lot of specific areas where we could talk about challenges for china, covid and coming of covin. But i suppose i'm interested in president sh and his approach to economy. Is he still wedded to capitalism? Hong bo? Help us with this!
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