With 29 percent of Chinese GDP in real-estate related industries, a bursting bubble would be catastrophic, although Taiwan appears sheltered
By Chen Yu-fu
and Kayleigh Madjar / Staff reporter, with staff writer
Corporate debt defaults and a stretching real-estate bubble have complicated China’s economic outlook, although the risk to Taiwanese markets remains low, the Mainland Affairs Council said in a report published in February.
The report assessing the potential effect of Chinese economic conditions on Taiwan is part of a set of briefings on China and cross-strait affairs commissioned by the council.
Chinese financial markets have since…