Public Policy Matters
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Fed warns China's property problems could hurt global markets and the US economy view | edit | list | share
Contributor's comments: Troubles in China's vast real estate sector could spill over to the global economy — including the United States, according to the Federal Reserve.
The US central bank warned Monday that China's ongoing property woes could elevate "financial stresses in China, [which] could further strain global financial markets and negatively affect the United States."