April 25, 2024
World Economy

World Economy Latest: What US Subprime Lessons Mean for China Slump

I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at US housing crisis lessons for China. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter, you can do so here.

At first glance, the US subprime mortgage crisis and the meltdown in the country’s housing sector more than a decade and a half ago have little relation to the current Chinese property slump.

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