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China's Property Sector Needs to Shrink, Economist Andy Xie Says



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"The issue is that the property sector is too big and needs to shrink." Andy Xie, a Shanghai-based independent economist, discusses the prospects for the Chinese economy, the challenges it faces, and the government's efforts to support growth. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
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Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
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Management
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