El-Erian, Krugman and other top economists voice China opinions
Many Chinese developers have halted or delayed construction on presold homes due to cash flow problems. Pictured here is a property construction site in Jiangsu province, China, on Oct. 17, 2022.Future Publishing | Future Publishing | Getty ImagesChina's economy is sputtering.Its property market is crumbling, deflationary pressures are spreading...