{"id":36265,"date":"2021-12-28T10:12:09","date_gmt":"2021-12-27T21:12:09","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=36265"},"modified":"2021-12-28T10:12:09","modified_gmt":"2021-12-27T21:12:09","slug":"how-the-chinese-property-market-will-impact-australia-in-2022","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/how-the-chinese-property-market-will-impact-australia-in-2022\/","title":{"rendered":"How the Chinese property market will impact Australia in 2022"},"content":{"rendered":"

PHOTO: Chinese property market<\/strong><\/p>\n

It\u2019s a huge risk to the Australian economy going into 2022 and this financial disaster shows no sign of stopping.<\/p>\n

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As we head toward the conclusion of a challenging 2021, the Australian economy is radically different to how it was when we entered the pandemic.<\/p>\n<\/div>\n

Key industries such as tourism and education have been supplanted by even greater levels of resources exports,\u00a0leaving Australia more reliant than ever on China.<\/p>\n

In recent weeks Treasurer Josh Frydenberg warned that the\u00a0Chinese property market\u00a0poses a risk to the global economy and that he is watching the sector closely.<\/p>\n

With the property construction sector and associated industries accounting for roughly 30 per cent of all economic activity in China, the Treasurer is right to be concerned.<\/p>\n

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