CreditSights Sees Multi-Year Structural Downturn of China Property Sector

Bloomberg Television published this video item, entitled “CreditSights Sees Multi-Year Structural Downturn of China Property Sector” – below is their description.

“We do think there is going to be a multi-year structural downturn of the Chinese property sector.” Zerlina Zeng, senior credit analyst at CreditSights, discusses the prospects for China’s property market and the implications for the financial sector. She also talks about the debt pile among China’s local government financing vehicles. She speaks with Paul Allen and Shery Ahn on “Bloomberg Daybreak: Asia.”

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In This Story: China

China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes Tibet and Hong Kong. The capital is Beijing.

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