You are here

Little danger of a property-sector crash hurting China: ADB economist

BT_20141003_ARPROP3_1299900.jpg
No cause for alarm? Even if China was forced to bale out banks exposed to property sector debt, the cost is seen as just several percentage points of GDP.

[TOKYO} A WIDELY forecast correction in China's property markets would be unlikely to have a severe impact on the Chinese economy as a whole, recently appointed chief economist at the Asian Development Bank (ADB) Wei Shang-Jin said in Tokyo on Thursday.

An expert on China, Shanghai-born

sentifi.com

Market voices on:

Powered by GET.comGetCom