| While capital market flight from emerging economies to safe havens has been integral to the performance of the world’s luxury housing markets, the story that grabbed the media’s attention in 2011 was the potential for a Chinese property crash.
According to Knight Frank and Citi Public Bank’s Wealth Report 2012, A Global Perspective on Prime Property and Wealth, this concern was hardly surprising. China’s housing market arguably formed the single most important sector in the entire global economy...............................................Full Article: Source
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