Financial TimesFinancial Times

China after the property boom: Can it rebuild the growth model?

By Edward White

05 Oct 2022 · 11 min read

China's economy is faltering, consumer spending is down, property markets are crashing. This FT longread looks at how China hopes to get out of this mess.

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This is the second part in a series about the crash in the Chinese property market

In late 2013, the Chinese Communist party under its new leader Xi Jinping unveiled a striking programme of reforms aimed at rebalancing the world’s second-biggest economy in favour of market forces and the private sector.

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