Short description of project
China’s private housing market is relatively young but its importance to both domestic and world economy is hard to overstate. Facing the rampant housing price growth in the last few years, Chinese government has adopted a variety of policies to dampen the speculation activities in the real estate market, including the traditional monetary and fiscal tools as well as heavy-handed regulations. Whether these policies are effective is still questionable. Since the global financial crisis once again proved that real estate booms and busts can have disastrous and far-reaching consequences, evaluating the performance of these policies is critical as a significant house price correction might have catastrophic impact on the overall economic and financial activity. On one hand, bank exposure to property had increased sharply since 2009; on the other hand, real estate investment is a major source for China’s economic growth.
This project will offer insights on the pros and cons as well as implementation challenges of various policy tools that have been used to contain potential risk associated with housing boom. After assessing the effectiveness of different tools, policy implications would be distilled from our research results.
Information of Offered Internship
Level of Internship Hours per Month
Level 3 - 60 hours
Commencement Month
April
Duration
6 Months
Internship requirements: i.e. work, practice and training
- Collecting data & literature
- Cleaning, organizing and inputting the data
- Making figures and tables
- Basic data analysis

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