China keeps insisting its real estate market is not in a crisis — even as just about every sign points to the opposite

• The IMF said in a report on China's economy that the country's property crisis remains "unresolved."
• But China's hit back at that, saying its property market "has been operating smoothly in general, and is not in a 'crisis' situation."
• China's real estate market has been mired in debt woes for the past few years.

China's property market woes may be well-documented — but Beijing insists there's no crisis.