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China Property: Worse Still To Come?

China Property: Worse Still To Come?

Morning Brief

November 26, 202311m 22s

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Show Notes

China's property woes continue to be of concern with shadow banking giant Zhongzhi Enterprise Group disclosing last week that it was severely insolvent, revealing a shortfall amounting to USD36.4 billion, which authorities are currently investigating. Louise Loo, China Economist with Oxford Economics, talks to us about how this fallout might impact the overall economy.

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