Will China's property market undergo fundamental changes with more affordable housing available?
Description
China's historic steps to boost its embattled property sector have yielded positive initial results. But how long can the happy sentiment be sustained? As the authorities aim to provide more affordable homes, what fundamental changes may occur, and what implications does it mean for the investors?
Host Tu Yun joins Dr. Yan Liang, a Professor of Economics at Willamette University, Dr. Kwan Ok Lee, an Associate Professor and Dean's Chair at the Business School, National University of Singapore and Dr. Zhou Mi, Deputy Director of the Institute of American and Oceania Study, Chinese Academy of International Trade and Economic Cooperation for a close look at the issue on this episode of Chat Lounge.
Leaders of the G20 gathered in Rio de Janeiro this week to address global challenges and promote inclusive growth. Chinese President Xi Jinping attended the meeting, called for building a just world of common development, and outlined China’s actions in this area. What outcomes did the leaders...
Published 11/22/24
China has announced a new debt relief package - a total of 10 trillion yuan ($1.4 trillion dollars) – to ease the financial burden on local governments. The decision raises the ceiling on local government debt by 6 trillion yuan (about $840 billion), and local governments will have access to a...
Published 11/15/24