If the China property market collapses, it will inevitably have a great impact on the world economic environment. China is a country rich in resources. Although the per capita resources are scarce, the total amount is on the table, and China has invested heavily in all countries in the world. If the real estate market collapses, the state must allocate a lot of resources to ensure growth and employment. (Real estate accounts for about 25% of China's GDP) There are no more resources to take care of foreign economies. China is a country with a large population and abundant human resources, which makes China a processing factory of the earth, and all countries in the world have invested heavily in China. If the property market collapses, it will directly lead to the stagnation of many industries, and then produce a large number of unemployed people. In other words, there will be many people who have no or lack the ability to consume and buy. This is undoubtedly a disaster for some foreign-funded enterprises.

China is also a big creditor. There are huge foreign exchange reserves. Generally speaking, if you are a creditor, one day your house is on fire, and then you want to repair it, then should you ask for debt? This will spread the pressure on the borrower!