3min chapter

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China: Reopening, Rebound, and Challenges

IMF Podcasts

CHAPTER

The Real Estate Crisis in China - What Are the Differences?

The slowdown in China or the correction in China is different. I think it was much more policy-induced. There are specific Chinese elements, though. It's a large stock of unfinished housing that is a problem. In the adverse macro financial loops, we don't have these toxic financial products in the mix that led to this big market meltdown yet.

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