16.03.2012 - Shenzhen property prices stumble
If property prices are anything to go by, China might have hit a bump in the road to becoming the world’s biggest economy. For the last few years, the Chinese economy has been booming, as corporate growth, rising property prices and an expanding middle class have fuelled an incessant upward trend in the country. Some experts are concerned that this streak may be coming to an end as property values in high-profile cities like Shenzhen begin to sink. But does the abrupt change in values signal the start of an economic collapse?..............................................Full Article: Source
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