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Real Estate Briefing - Categorized | Finance, Market Moves more

The Chinese property bubble: Time to duck and cover?

Posted on 30 June 2011

Beijing may believe it can maintain China’s housing boom, but a growing number of critics say otherwise.
Standard & Poor’s (S&P) downgraded China’s property development sector from ‘stable’ to ‘negative’ this month. The agency warned that future downgrades could follow if government measures to release some air from the groaning, debt-fuelled, over-priced new homes business continued to effect volume……………………………………….Full Article: Source


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