Chinese Real Estate Bubble Poses Risk to Economic Growth

Tarek Al-Rifai, CEO of the Koroum Center for Strategic Studies, stated that China is facing a real estate bubble that threatens its economic miracle. He explained that flawed government policies are the root cause of the current property market crisis. Al-Rifai pointed out that years of aggressive lending and speculative investment have created an unsustainable situation in the housing sector. He warned that without timely intervention and structural reforms, the bursting of this bubble could lead to severe economic consequences not only for China but also for the global economy.

— News Original —

قال الرئيس التنفيذي لمركز كوروم للدراسات الاستراتيجية – طارق الرفاعي إن الصين تعاني من فقاعة عقارية تهدد معجزتها الاقتصادية، موضحا أن السياسات الحكومية الخاطئة سبب الأزمة العقارية

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