Making sense of China’s economic data and its real estate bubble
Making sense of China’s economic data and its real estate bubble
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Making sense of China’s economic data and its real estate bubble
Making sense of China’s economic reality is difficult because its financial data is manipulated. For example, we know China’s property market is a bubble that can burst at any time. But we don’t know the size of the bubble and how it has built up. Recently, a Chinese financial analyst analyzed the statistics of China’s real estate market from 2000 and claimed it’s already bankrupt. His analysis allowed Lei to illustrate China's real estate bubble visually in one graph. Before that, Lei explains the challenges in her work and the approach in her statistical endeavor:
- The challenge in making sense of Chinese statistics
- - Why is China’s property market already bankrupt?
