China Economy

Beijing property freezes with shadow banking

David Llewellyn-Smith
Monday, 22 May 2017
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Via Investing in Chinese Stocks.

It seems like there are no transactions in Beijing’s housing market, and developers keep quiet out of fear reads the headline.

Developers are used to playing on the edge of government restrictions, but the restrictions on converted apartments and credit tightening have shoved them over it via iFeng: 冰封的北京商住：新政后几乎零成交 开发商噤若寒蝉

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.