CreditSights Sees Multi-Year Structural Downturn of China Property Sector

"We do think there is going to be a multi-year structural downturn of the Chinese property sector." Zerlina Zeng, senior credit analyst at CreditSights, discusses the prospects for China's property market and the implications for the financial sector. She also talks about the debt pile among China’s local government financing vehicles. She speaks with Paul Allen and Shery Ahn on "Bloomberg Daybreak: Asia."
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