Checking China's Real Crisis
1See, Mali Chivakul, W. Raphael Lam, Xiaoguang, Wojciech Maliszewski, and Alfred Schipke, “Understanding Residential Real Estate in China,” IMF Working Paper, April 2015.
2See, Julie Verhage, “Forget the Wild Stock Market Swings, China’s Real Estate Sector Is What’s Most Worrisome,” Bloomberg Business, August 4, 2015.
3See, William Pesek, “China’s Real Property Problem,” Bloomberg View, February 26, 2015.
4Cherry Cao, “China’s Residential Property Sales Gain 18.8% in Year through July,” Shanghai Daily, August 13, 2015, and Chivakul et al., op. cit.
5Chivakul et al., op. sit.
The opinions in the preceding economic commentary are as of the date of publication, are subject to change based on subsequent developments, and may not reflect the views of the firm as a whole. This material is not intended to be relied upon as a forecast, research, or investment advice regarding a particular investment or the markets in general. Nor is it intended to predict or depict performance of any investment. This document is prepared based on information Lord Abbett deems reliable; however, Lord Abbett does not warrant the accuracy and completeness of the information. Consult a financial advisor on the strategy best for you.