China Property And Investment Helps Stabilize Growth

Chinese leaders appear to have stabilized their $10 trillion-plus economy by relying on a tried and true playbook: unleash a torrent of credit to power a borrowing surge and spending splurge. The flood of money has helped house prices rebound, spurred investment, stabilized markets and buoyed consumers. Robert W Baird Vice Chairman of Equities Patrick Spencer discusses the outlook for China with Bloomberg’s Enda Curran and Francine Lacqua on “The Pulse.”

Full Show: Surveillance (06/23)
32:17 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Ed Hyman, chairman at Evercore ISI, Rob Wainwright, Europol director, and Karan Faridoon Bilimoria, chancellor at the University of Birmingham. (Source: Bloomberg)
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