Welcome to Henry's Take! Our new guest anchor Dr. Henry Ho takes you to the world of Western media and rebuts some misunderstandings, biases, or false accusations under their narratives.
Western media have kept claiming that a huge bubble in China's property market has led to a crisis that has shown no end. So is there really a risk of bursting the property bubble in China? Will China's property sector face a steeper downturn?
According to Dr. Ho, there have been different proactive measures and approaches to support and stabilize the property market in China, and measures have been rolled out to unleash pent-up homebuyers' demand.
Also, the majority of flats can be completed and delivered to Chinese homebuyers. Thus, China's real estate market is expected to pick up gradually and steer towards healthy development. Watch the video now for more of his insights.
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