0 minute readChinese banks won’t easily break into a sweat over the quality of their mortgages, even if determined action by Beijing to diffuse a housing bubble helps send property prices up to 30% lower, analysts say. But their problems could mount quite quickly if any weakness in the mainland Chinese property market spills over into the rest of the economy, or if property prices drop by more than 30%, the analysts said.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
