Goldman Sachs: Policy Support Needed To Stabilize China Property HY Market

The video discusses the need for policy changes to restore confidence in the property market, particularly in light of the Evergrande crisis. It highlights the challenges of balancing market stability with policy adjustments and the potential for defaults due to market uncertainty. The role of credit ratings and the importance of identifying hidden debt in property developers are also explored.

What role do credit rating agencies play in the current market situation?

What challenges are faced in identifying hidden debt among property developers?