Donald Low is a senior lecturer and professor of practice in public policy and director of leadership and public policy executive education at the Hong Kong University of Science and Technology.
Risk of property market troubles hurting wider economy outweighs moral hazard concerns

An unfinished Country Garden project in Tianjin in August: Using state funds to complete such developments will not resolve the property sector's underlying problems. © Reuters
Donald Low is a senior lecturer and professor of practice in public policy and director of leadership and public policy executive education at the Hong Kong University of Science and Technology.