Since the issues facing China’s property sector exploded into mainstream view in 2021, it has been a rollercoaster ride of different perspectives and scenarios on how it will all play out.
While the issues faced the Chinese economy have now faded from the headlines, the reality is the risks within the Chinese economy remain significant, and the woes of the property sector are far from over.
So far the Chinese government has been able to mitigate the impact of declining levels of activity in the property sector through increased levels of infrastructure construction and investment in manufacturing capacity.