02.12.2010 - The next bubble: Chinese real estate
From Miscellanynews.com: The emergence of this real estate bubble can be attributed to the different market structures in those countries compared to those of Western nations. China is the prime example of this. Different from Western countries, the Chinese government generally had more influence over the economy through strong economic policies and regulations. Despite the influx of hot money—funds that are used in a particular country to take advantage of a high short-term interest rate, which has high profit potential—and increasing money supply in China, the inflation was offset by the deflation caused by unemployment..............................................Full Article: Source
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