China's sputtering housing boom poses broad economic challenge
中国经济放缓和人口结构变化给住房市场长期前景蒙上阴影,尽管城市化和缺乏替代投资机会提供了短期支撑,但房地产行业的困境危及中国金融部门和全球复苏。
China?s economic slowdown and changing demographics cloud its housing market?s long-term prospects. While urbanization and a lack of alternative investment opportunities provide short-run support, the housing sector?s difficulties imperil China?s financial sector and the global recovery.