China’s Xi May Be Unaware of All the Risks He’s Running, Author Howie

Oct.04 — Fraser Howie, co-author of “Red Capitalism” and “Privatizing China,” discusses the issues in China’s real estate market, the implications for the economy and the government’s policies.  Another Chinese developer, Fantasia Holdings Group Co., fell into crisis on Monday after failing to repay a maturing bond, adding to the strains of the nation’s heavily leveraged property firms following industry giant China Evergrande Group’s debt woes. Howie speaks on “Bloomberg Daybreak: Asia.”