Ailing developers threaten China's economic outlook

Slumping sales in China’s real estate industry could be devastating for local developers, but the knock-on effects could be even more damaging. Worried, we asked our readers last week about how a property collapse may affect the country’s economic outlook.

The majority of respondents wavered between mild pessimism “After two years of cooling the market, China may struggle to restart it” and extreme negativity “China’s banks are doomed. Again.”. But our readers are not alone in their gloom. The OECD also weighed in on the matter...