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Tuesday, October 24, 2017
Minsky Moment might affect the entire China
ANBOUND

Zhou Xiaochuan, the governor of the People's Bank of China said recently that if the economy has too much procyclical factors, the cycle of volatility would be greatly enlarged, and being too optimistic during the prosperous period will also cause the accumulation of contradictions; with all these, during a certain period time there will be the so called Minsky Moment. Anbound believes that discussion on the Minsky Moment in China, the biggest practical significance is the future prospects of real estate. Once Minsky Moment arrives, the assets of the real estate tycoons will be affected, and perhaps the whole of China will not be spared from the effects.

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