Post-Evergrande: China Real Estate Market Challenge
- When:
- Thursday, August 31, 2023 8:30 pm - 9:30 pm
- Where:
-
Zoom Webinar
- Description:
-
Stagnant new home sales and slumping property stocks in China have brought China’s real estate crisis under the spotlight again after the Evergrande crisis in 2021. As a dominant contributing industry to China’s economy, real estate hasn’t bounced back since the end of the pandemic. Unstable employment, an aging population, negative economic sentiment, have compounded the resilience of China's real estate market.
China’s Central government has introduced policies to stabilize the real estate market while regional governments are rolling out stimulus to stimulate the market. Are policies like low mortgage rates and down payments enough to revive the housing market? Will the world’s second-largest economy turn a ripple into waves? Listen to experts to learn more about the current status of China's real estate market and potential results from government actions.
August 31, 2023
9:30 pm Japan | South Korea
8:30 pm Hong Kong | Beijing | Singapore
6:00 pm Delhi
2:30 pm Paris
1:30 pm London
7:30 am Chicago
Speakers
Joseph Gyourko
Martin Bucksbaum Professor of Real Estate, Finance and Business & Public Policy
The Wharton School of the University of PennsylvaniaZhiguo He
Fuji Bank and Heller Professor of Finance, Booth School of Business
Director of Becker Friedman Institute for Economics in China
The University of ChicagoMatthew Lowenstein (PhD’21)
Hoover Fellow at the Hoover Institution
Stanford University
Moderator
Kenneth Pomeranz
Faculty Director
The University of Chicago Campus in Hong Kong
About China On The Move
China On The Move is a program developed by the University of Chicago Campus in Hong Kong to provide objective academic insights into current events shaping China and its future as a global actor. Our UChicago scholars and their guests will share their deep expertise and interpret contemporary events from historical, social, political, economic and other perspectives to provide a balanced view of China. Read more.