What Happens to U.S. Activity and Inflation if China’s Property Sector Leads to a Crisis?

RePEc Short ID: pmi740
ORCID iD: 0000-0002-6260-2133

Akinci, Ozge; Clark, Hunter L.; Dawson, Jeffrey B.; Higgins, Matthew; Miranda-Agrippino, Silvia; Nallamotu, Ramya; Nourbash, Ethan

Discussion Paper

What Happens to U.S. Activity and Inflation if China’s Property Sector Leads to a Crisis?

Abstract: A previous post explored the potential implications for U.S. growth and inflation of a manufacturing-led boom in China. This post considers spillovers to the U.S. from a downside scenario, one in which China’s ongoing property sector slump takes another leg down and precipitates an economic hard landing and financial crisis.

Keywords: China; international; global trade; trade; financial crises;

JEL Classification: F0;