Collateral damage: China’s property market gets reality check
World Finance speaks with Patrick Chovanec, Chief Strategist at Silvercrest Asset Management to find out how China’s property boom was a bubble waiting to burst
June 25, 2015
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Transcript
China is bailing out the country’s heavily indebted local governments, relying on trusted methods to keep its financial system stable despite promises to allow market forces to play a greater role
