31.03.2010 - China property bust may prove temporary, BOJ, UBS analysts say

From Bloomberg: China’s stage of economic development means any property-market bust following the current boom may prove temporary, according to economists at the Bank of Japan and UBS AG. China today shares characteristics of Japan’s real-estate boom of the 1970s, when the nation quickly recovered from a slump, according to a Bank of Japan research paper.....................................Full Article: Source

Print