Private and State-Owned Enterprises in China: Challenges and Impact on Real Estate Sector

This chapter explores the distinction between private and state-owned enterprises in China, focusing on sectors like energy and materials. It discusses the reliance of private developers on non-debt liabilities in the real estate market and the challenges in unwinding their growth. It also analyzes the debt equity ratio in the real estate sector, the policies implemented by Beijing, and their impact on economic growth and household confidence.