The risks facing the Chinese economy

China isn’t at risk of a financial meltdown, but it does face a slow puncture, writes Michael Taylor

China buildings

Events in the Chinese real estate market during the past couple of years, especially the well-publicised problems of the large and highly indebted property developers Country Garden and Evergrande, have resurrected a question that has surfaced repeatedly over the past 10 years: is China at risk of a financial crisis? A wide range of commentators have repeatedly and confidently predicted that China will at any moment face its own ‘Lehman moment’, shorthand for the point in the global financial

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account