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FUND MANAGER'S TAKE

Clearing the fog hanging over the Chinese property market

Beijing will not allow the sector to implode.

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Kaisa's near collapse has rekindled fears of a hard landing in the property sector, despite having little to do with the real estate downturn.

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Joep Huntjens

THE first whispers of worry about a Chinese property bubble surfaced in late 2009. Since then, the local real estate market has quickened and slowed in line with government measures to stoke or cool the market, but has never crashed. Nonetheless, some market watchers insist that the Chinese

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