Chinese businesses employing tens of millions of people rely on property development— from steel to construction to banking. China’s property sector faced a crisis this past year, with talk of the bankruptcy of Evergrande and threats of a debt crisis and sharp slowdown in China’s overall economy. As China faces renewed covid lockdowns alongside official calls to keep GDP growth at 5.5% for 2022, how are changes in real estate markets affecting the growth and vitality of other businesses and sectors across China’s economy?
Speakers and Presenters
CHEN Long, Co-Founder and Partner at PlenumYANG Yuanchen, Economist at the International Monetary FundModerators:Jinlin Li and Richard Yarrow, Mossavar-Rahmani Center for Business and Government at Harvard Kennedy School
Fairbank Center for Chinese Studies