If citizens store their wealth by buying houses, it may cause the real estate bubble to burst or even (cause) an economic crisis. - Pan Gongsheng
" "If citizens store their wealth by buying houses, it may cause the real estate bubble to burst or even (cause) an economic crisis.
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About Pan Gongsheng
Pan Gongsheng (潘功勝; Pān Gōngshèng; born 8 July 1963), is a Chinese economist. He currently serves as the Communist Party Secretary of the People's Bank of China since 1 July 2023.