| 01.06.2011 - Chinese housing market about to burst? |
| China’s real estate market has a lot of international analysts in disagreement about its future. Bubble or not? American hedge fund Jim Chanos has repeatedly predicted the Chinese market will burst, suggesting that 70 per cent of the mainland’s economy relies on construction and infrastructure. Swiss analyst Marc Faber is in the same camp, saying the market runs the risk of falling sharply, reported The Standard..............................................Full Article: Source |