Predictions 2024

Beijing will build safety net around housing hole

18 Dec 2023

China’s debt-stricken developers have left 20 mln homes unfinished. Local governments can turn the crisis into an opportunity by taking on stalled projects and converting them into public housing. State firms will increase their presence in the property market in the process.

Soccer will inch towards financial rationality

8 Dec 2023

TV income is stagnating or shrinking in the big European leagues, and regulatory limits on clubs’ spending will soon bite. Chelsea, Man United and others must either do a much better job at monetising their vast global fanbases, or finally clamp down on player salaries.