Caixin OnlineFinance & EconomicsTop Stories Finance Triple Whammy Hitting Property Market, Investment Banker Says
05.16.2014 17:13

Triple Whammy Hitting Property Market, Investment Banker Says

Aging population, rising prices and oversupply causing slowdown, says Goldman Sachs executive, who warns urbanization won't save the day
By staff reporter Yu Hairong

(Beijing) – An investment banker has blamed the recent slowdown in China's property market on the triple whammy of a graying population, high prices and oversupply – and he says urbanization won't ride to the rescue.

The comments by Ha Jiming, Goldman Sachs vice chairman for China, come amid debate over whether the property market has reached a tipping point after years of soaring prices.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
Sign up to receive our free daily newsletter


Latest Issue
On the Cover:

Hong Kong Prop

Issue 98
February , 2016



Economics & Finance
Latest Issue:
Hong Kong Prop
China's central bank is supporting the yuan and fending off short-sellers in the world's largest offshore yuan market
Issue 98

Subscribe       |       Newsletter        |        FAQ