【CNBC】China’s big property market problem will take at least 4 to 6 years to resolve
- China has a big problem within real estate that will take at least four to six years to resolve, according to analysis from Oxford Economics Lead Economist Louise Loo.
- “However one slices the data, the existing excess supply in the market is likely to take at least another four years to unwind, absent a meaningful pickup in demand,” Loo said in a report Tuesday.