China's property-sector woes will inevitably spread further

Developers' troubles are further sapping economic momentum

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20220822 construction apartment Beijing.JPG

A construction site in Beijing: Thousands of homebuyers have been waiting years for developers to finish apartments they have already paid for. © Reuters

Andrew Collier is China country analyst for emerging markets research provider GlobalSource Partners. He was previously president of Bank of China International USA.

New cracks are emerging in China's financial system, setting off fresh worries in Beijing and beyond.

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