Chinese property “worst ever start to a year”

Monday 7 March 2022

Is this why China wanted Russia to invade Ukraine? To distract us all from the intensifying shakeout around its property developers? Joking.

But, it’s working nonetheless. Spreads this week hit records:

And what happens when that transpires?

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.