China can learn from the bursting of Japan's real estate bubble (2024)

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Opinion

Beijing cannot count on economic growth or fiscal space to tide through crisis

China can learn from the bursting of Japan's real estate bubble (1) Alicia Garcia-Herrero

| China

China can learn from the bursting of Japan's real estate bubble (2)

A property agent pitches to prospective homebuyers in Hai'an, Chinain 2021: Households had excess savings and a limited range of investment choices. © FeatureChina/AP

Alicia Garcia-Herrero is chief economist for Asia-Pacific at investment bank Natixis and a senior research fellow at policy research think tank Bruegel.

As China enters its second year of real estate blues, much has been written about China Evergrande Group's default potentially marking the country's Lehman moment.

See Also
Affordable Housing in China | Lincoln Institute of Land PolicyWhy is there a real estate crisis unfolding in China? - MarketplaceCost of Living In China (sample English teacher budget)Bloomberg - Are you a robot?

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China can learn from the bursting of Japan's real estate bubble (2024)
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