Investment Week (October 12)
2022/ 10/ 14 by jd in Global News
Aside from shipping difficulties and “maritime headwinds” hitting China, “the property crisis, fuelled by debt defaults from property developers, has dented the likelihood of Chinese GDP hitting growth targets as local authority revenue takes a hit from land sale income decline. Sentiment has followed suit and many wonder when and where respite will arise.”
Tags: China, Debt defaults, Decline, GDP, Growth targets, Headwinds, Income, Land sale, Maritime, Property crisis, Property developers, Revenue, Sentiment, Shipping
