Opinion
What happens when Beijing’s housing bubble bursts?
Evergrande’s financial woes are raising fears China’s huge house price boom could soon bust, which will deal a hefty blow to economic growth.
Karen MaleyColumnistYou just have to look at the stunning collapse in the iron ore price to realise how nervous investors have become about the outlook for China.
Of course, the ostensible reason for the steep slide in the iron ore price is Beijing’s move to impose production cuts on the country’s steel industry due to environmental concerns.
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Karen Maley writes on banking and finance, specialising in financial services, private equity and investment banking. Karen is based in Sydney. Connect with Karen on Twitter. Email Karen at karen.maley@afr.com
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