Despite the recent downturn in the Chinese economy, real estate prices have remained relatively stable. But there’s growing concern that the high levels of debt tied to the real estate sector could be a source of instability.

In this podcast, Nick Leung talks about this issue with Guangyu Li, Haimeng Zhang and Vera Tang. Guangyu and Haimeng are Partners who lead McKinsey’s real estate practice in China. Vera is an Associate Partner who specializes in real estate. Nick is Managing Partner of McKinsey’s Greater China Practice.

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