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China real-estate concerns keep rising

Posted on 28 June 2011

A recent decline in Chinese real-estate prices is starting to shake confidence in the country’s economic vitality and open a debate about whether the country’s economy is over-leveraged. That’s what made the real-estate bubble’s aftermath so painful for the U.S. and Japan.
Just two months ago, China expert Nicholas Lardy dismissed concerns about what he labeled a “so-called property bubble” during a conference at the Peterson Institute for International Economics in Washington………………………………………..Full Article: Source


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