Moody's Warns Of Trouble In China As 30% Of GDP Now Linked To PropertyRupert Hargreaves
25% to 30% of China GDP is connected to final demand from the property and construction sectors, so any slowdown in these two sectors is likely to have a pronounced impact on the country’s wider economy, that’s according to a new report from Moody’s published earlier this month.
The report, a copy of which has been reviewed by ValueWalk takes a look at the state of China’s property market currently as well as the risks any slowdown in the sector could pose to the rest of the economy.
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