China Property Sales to Fall by 20% Through 2021: UBS's Wang

The video discusses the implications of Evergrande's default, predicting a downturn in the housing sector with potential impacts on the banking sector. It explores stress test scenarios, monetary and fiscal policy responses, and the effects of COVID on consumption and economic outlook. The stability of the RMB and capital outflows are also examined, along with future concerns about property, infrastructure, and COVID policies.

What are the implications of Evergrande's default on the housing sector?

How do you predict the housing sector will perform next year based on current trends?

What factors are contributing to the downturn in the property sector?

What is the worst-case scenario for the banking sector if property values drop significantly?

In what ways could the easing of restrictions affect consumer behavior and spending?

How might government policies impact consumption and economic growth in the coming year?

What are the potential risks associated with the ongoing COVID policies in relation to economic recovery?