Why China’s woes matter less to Wall Street than US labour market and interest rates
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
Negligible pressure from global markets – which often forces the hand of policymakers – suggests China’s problems are not a big worry on Wall Street. The real estate sector in the United States and Europe is seen as a more likely source for a systemic credit event than Chinese property.