China’s Housing Market Seems to Have Hit Bottom: Chang

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Charles Chang, Greater China country lead for corporates at S&P Global Ratings, discusses China Evergrande’s debt restructuring, what will be accomplished by the plan and what is the recovery rate for the company. He speaks on Bloomberg Television.
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Chang dodged or word danced around every question. America is no better in THIS regard, but damn

adhdasian
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China housing market is far from the “Bottom”. China has been overbuilding for decades, there are millions of houses, even whole cities that are empty and never will be occupied. Chinas misreporting of Population has not shown the reality of population numbers. Chinas population peaked in 2016 and has been declining by millions each year. The decline is only going to get faster and faster. That means each year less houses are needed, not more. But China still continue to build! The crash is going to be huge. The only question is how quickly. Bloomberg have in very wrong

InformedKiwi
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Chinese individuals cannot privately own land. The government owns it. Why does there market even mater?

reelfishermen