Can China's Property Market Dampen Growth in 2017?

The transcript discusses the rebalancing of the economy, focusing on fixed asset investment and the role of state firms. It highlights limited loan demand from the private sector and increased lending to households, leading to a property market bubble. The discussion covers the shift towards consumption-driven GDP growth, driven by property transactions, and the risks of an uncontrolled property market. The transcript explores reform options, such as state-owned enterprise reform and land policy changes, while noting the challenges and disincentives. It concludes with government measures to control the property market and the need for behavioral change among buyers.

What challenges does the government face in reforming the property market?

In what ways could the government address the issues arising from rising property prices?