China’s housing market is the world’s single largest asset class, with a market capitalization of $60 trillion.

On this episode of IC Your Trade 4, host Pamela Ambler speaks to Nick Wilson from Oxford Economics about whether China’s real estate crisis could crash the global economy?

Chapters:
0:00 Introduction
0:57 China’s Ghost Cities
3:04 China’s developer debt balloon
4:52 Office sector distress in the US
6:29 US banks’ exposure to CRE
8:04 Working from home impacts in the US
10:13 Nick’s approach to understanding real estate
12:24 Comparing cycles between now and 2008
14:12 Which situation is more worrying, the US or China?
16:28 Outro

Start trading at:
https://www.icmarkets.com/global

This VODCAST was produced in collaboration with Bloomberg Media Studios.

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