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Nobel laureate Spence on China: fix property, restore confidence – tariffs are secondary

✍️ Sylvia Ma 📅 November 08, 2025 01:00 AM 🕐 Scraped: November 08, 2025

Summary: Speaking at Hongqiao International Economic Forum in Shanghai, Michael Spence stresses importance of avoiding damage to household balance sheets.

Restoring confidence and stabilising the property market are “significantly more important” for China than the ramifications of tariffs, a Nobel laureate in economics said while warning of financial risks to Chinese households.

Michael Spence ,

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📝 Article Information

Author

Sylvia Ma

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🌍 South China Morning Post

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Published Date

November 08, 2025 at 01:00 AM

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