| Analysts say fears of collapse in China’s property market are overstated, though one ratings agency is concerned about bad debts on property loans. When the wind whips up the dust in Beijing’s outskirts where demolition and rebuilding is proceeding at a frantic pace and cranes dot the skyline, you can sense the scale of China’s property market boom in your lungs.
At every traffic intersection, young hustlers pass out advertising leaflets for new housing developments. The property boom is the main topic of conversation over bowls of noodles and glasses of Maotai, a distilled sorghum drink, in the restaurants..............................................Full Article: Source
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