000			01230nam a22002177a 4500
001			47913
003			OSt
005			20250317121514.0
008			250317b |||||||| |||| 00| 0 eng d
100			_aHUANG Tianlei _eAuthor
245			_aHow China's Property Slump Is Menacing Its Economy/ _cTainlei Huang
260			_c2024
520			_aChina's property slump is significantly impacting its economy by dampening consumer confidence and spending. Falling property values increase the risk of mortgage defaults, straining the banking sector and reducing investment in real estate. Despite government efforts to stimulate the market, such as interest rate cuts, these measures have proven insufficient. The decline in household wealth leads to decreased consumer spending, contributing to slower GDP growth and potential social unrest. Overall, the property downturn poses serious risks to economic stability, requiring targeted policy responses to restore confidence and support recovery.
598			_aCHINA, SLUMP, ECONOMY, PROPERTY,
650			_aCHINA
650			_aPROPERTY
650			_aSLUMP
650			_aECONOMY
773			_gGlobal Asia, Volume 19, Number 04, December 2024, Page 68-73
942			_2ddc _cARTICLE _n0
999			_c47913 _d47913