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Chen Long and Yang Yuanchen – China’s Real Estate Sector: Bubble, Bail-Out, or Further Growth?
May 12, 2022 @ 8:00 pm – 9:15 pm
CHEN Long, Co-Founder and Partner, Plenum
YANG Yuanchen, Economist, International Monetary Fund
Jinlin Li and Richard Yarrow, Mossavar-Rahmani Center for Business and Government, Harvard Kennedy School
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?
Please join experts on China’s real estate sector and macroeconomy for this discussion. Speakers’ presentations will be followed by Q&A.