As we had anticipated last week, the People’s Bank of China (PBOC) has begun taking actions to stabilize the property sector. On September 27, the PBOC sent a public message that it wants to ensure “the property sector’s healthy development,” marking the first time
2
Recent signs have reinforced the fact that Beijing is reluctant to bail out troubled property developers, a case I made previously. The July Politburo…
8
In our recent outlook, I estimated that the property sector’s correction will shave just 0.6 percentage points off of China’s headline growth. This…
1
1
Dear readers, In this special issue, we are sharing my assessment of the long-term growth impact of China’s coming property correction. While it seems…
3
Given the intense focus on the Evergrande situation, this special issue of MP Econ provides a timely view of how I think the crisis will unfold. In the…
1
America’s Silicon Valley and China’s Silicon Delta share a serious problem: housing affordability. For San Francisco, the astronomical price of housing…
2
1
China’s economic prospects have long elicited polarizing opinions. For those who subscribe to the “Japan-like stagnation” scenario for China’s future…
7
Dear readers, In this special issue, we are making available to all subscribers an excerpt of my economic forecast of China's next five years, part of…
3
See all

MacroPolo Econ