Part 2/11:
The latest analysis in the International Monetary Fund's Finance and Development Magazine takes an alarming look at China's real estate market, highlighting the impending challenges that could jeopardize the country's economic growth trajectory. Former Chief Economist Ken Rogoff, alongside economist Yi Changyang, presented a paper outlining the dire implications of a potential slowdown in the real estate sector, which accounted for over 25% of China’s GDP in 2021.