CreditSights Sees Multi-Year Structural Downturn of China Property Sector

The video discusses the ongoing challenges in China's property sector, highlighting a multiyear downturn and the slow recovery in tier-one cities. It examines the restructuring of developers like Evergrande and Sunack, noting that systemic risk is not uniform across the sector. The video also explores the limited impact of property sector issues on the financial sector, particularly wealth management products. Additionally, it addresses the improved funding conditions for local government financing vehicles, despite their significant debt burdens.

What trends have been observed among onshore investors regarding systematic risk in the property sector?

What challenges does the Chinese economy face in relation to local government debt in the medium to long term?