Ex-China central bank chief 'optimistic' on ending property slump

TOKYO -- China will be able to overcome the crisis in its property sector, said Zhou Xiaochuan, former governor of the People's Bank of China, at the Future of Asia forum in Tokyo on Friday, stressing that economic growth, trade, and investment are stable in the country.

"We need to be optimistic", said Zhou in an exclusive interview with Nikkei Asia and TV Tokyo on the sidelines of the forum. Zhou expressed confidence that policy adjustments will end the crisis in the property sector. "We are going to overcome the existing difficulties," he said.