A man rides a bike along residential and commercial properties in Beijing in September 2022. Photo: EPA-EFE
Massive correction in China’s commercial property market has two more years to run, HSBC CEO Quinn says
- ‘It’s a faster correction and a more decisive one than I was expecting,’ CEO Quinn says at a conference
- Time is needed for global capital markets to respond to policy tweaks by Chinese authorities to stabilise the sector
A man rides a bike along residential and commercial properties in Beijing in September 2022. Photo: EPA-EFE
