China’s property market is “imploding”, Judo Bank Economic Advisor Warren Hogan says. China recently announced it would be cutting its key interest rates at a time when most of the world is lifting theirs in response to growing inflation. “It’s a very complex web of financial interactions,” Mr Hogan told Sky News Business Editor Ross Greenwood. “Developers are in trouble; financiers are in trouble and of course what I think … worries for the government is there is a lot of savings wrapped up in that
