DEBT AND FINANCIAL RISK FROM CHINA'S REAL ESTATE SECTOR - MICHAEL PETTIS AND HUI SHAN
- Starting Time 活動開始時間
October 27, 2022 at 1:00 PM UTC
(In your time zone. 閣下所在時區）
- Participants 嘉賓
Speakers:
Michael Pettis, Professor of Finance, Peking University
Hui Shan, Managing Director and Chief China Economist, Goldman Sachs
Concluding Remarks:
William Overholt, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School
Moderators:
Richard Yarrow and Jinlin Li, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School- Organizers 主協辦機構
Mossavar-Rahmani Center at Harvard Kennedy School and Fairbank Center for Chinese Studies at Harvard University
- Venue 地點
- Zoom - 9 AM New York time, 9 PM Beijing time
- Languages 語言
- English
- Description 詳情
Real estate has had a vast influence on China's economy. In particular, real estate has taken a massive role across China's financial system — accounting for an estimated 70 percent of Chinese households' assets, 30 percent of local governments’ revenues, and almost 30 percent of all outstanding bank loans before the pandemic. As China's real estate sector faces a sharp crisis, what are the implications for the financial system and the financial health of China's broader economy? What are China’s debt risks as real estate prices plateau or fall?
Please join experts on China's financial sector for this discussion. This event is the second in a series on China's real estate sector and its broader economic effects.- Registration & Video Recording 登記與錄影
Registration is required. 活動需要登記。
The event is not recorded. 活動過程不會錄影。