So Chinese real estate market just kept ramping up, until 2020, when the central gov drew the 3 red lines, on the debt of developers. This was the turning point and as a Chinese, we are all familiar with thestory after that. China's real estate crisis, explained : Planet Money By Ni...
China's real estate sector has been hit by a debt crisis in recent months as the cash crunch of the world's most indebted developerEvergrandecame to a head. It finallydefaulted earlier this month, whileother Chinesedevelopers also started showing signs of strain. Somemissed interest payments...
These incentives are just the tip of the iceberg in a crisis involving hundreds of billions of dollars in home builder debt, trillions in local government debt and at least a billion empty apartments. But it wasn't always the case. Since China's economic liberalization in the 1970s and hous...
BEIJING (AP) — China's central bank released extra money for lending Monday as the government tried to reassure the public it can contain the potential fallout if a troubled real estate developer’s $310 billion mountain of debt collapses.
a美国的次贷危机引发的全球经济危机,让我们重新审视我国房地产投资风险管理在金融领域扮演的重要角色,特别对于像中国等发展中国家来说,房地产投资风险管理显得尤为重要. US's loan crisis initiation global economic crisis, lets us carefully examine our country real estate investment risk management in the financia...
The sub-prime mortgage crisis that started in the U.S. has led to worldwide losses,interbank credit crunch and turbulence in the financial markets. This paper analyzes the background,devolution and internal mechanism of the crisis; discusses the different impacts on China's real estate market th...
To prevent a financial crisis similar to that of 2008, regulators should focus on the risks in the banking sector. Therefore, China will implement the goal of preventing systemic risk set out in the report to the 19th National Congress of the Communist Party of China, strengthen supervision ...
Unemployment is one of the social phenomena that citizens and public administrators in developing countries are most concerned about. The global economic crisis and the recession associated with COVID-19 have brought hitherto unknown unemployment rates (Manuchehr,2023). According to the International Labo...
First and foremost, citizens under lockdown have to find new sources of information, as previous information sources are unlikely to be crisis-centric or relevant to essential needs during a community lockdown. In a lockdown, citizens are physically isolated in their own homes and are often ...
Why Has China’s Current Account Balance Converged after the Global Financial Crisis?Jianwei Xu, Panpan Yang, Guangrong Ma Abstract China’s current account surplus declined significantly from its peak of nearly 10 percent of GDP in 2007 to less than 1 percent in 2018. The new pattern offered...