Poll Reveals Concern Among Global Investors Over China’s Economy Amid Real Estate Crisis

Thirty four of China’s top 50 private real estate developers have so far defaulted on their overseas debts.

A woman rides a scooter past the construction site of an Evergrande housing complex in Zhumadian, central China's Henan Province on Sept. 14, 2021. Jade Gao/AFP via Getty Images

According to a September poll by the Bank of America, China’s ongoing real estate crisis is threatening the country’s economy, leaving many global fund managers wary.

The poll surveyed 222 global fund managers with $616 billion in assets under management and found investors are bracing for a further decline in China’s stock market.