China’s property debt crisis: How it could hurt New Zealand and Australia

from Markets with Madison · host NZ Herald Business

Goldman Sachs researchers estimate China’s total property debt was 48 per cent of GDP at the end of last year, worth US$8.4 trillion. Their chief economist explains how it could cause a “significant negative income shock” for some New Zealanders.See omnystudio.com/listener for privacy information.

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This episode was published on November 16, 2023.

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