Chinese property sector is top risk to the economy - Nomura

FXStreet (Bali) - According to Zhiwei Zhang, Economist at Nomura, the property sector in China is the top risk to the economy, as it likely just began a downward cycle.

Key Quotes

"A sharp correction in the property sector could heighten systemic risks. We believe the risk in the trust products and shadow banking issues are well recognized in the market, but property sector risks are more dangerous and deserve more of the market's attention."