03.04.2013 - A housing bubble threatens China
With Beijing’s notoriously cold winter behind us, those living in the Chinese capital are looking forward to warm weather and perhaps a wind of change in the second quarter. Now that the country has new leaders, everyone is watching to see if President Xi Jinping and his administration will start pushing through much-needed economic reforms. Many in the public are hopeful that Xi will make good on his pledges to set the country on a new path and help over 1.3bn achieve what he described as the China dream. Investors are waiting for signs the government will take serious steps to put more money in the pockets of its people and improve access to China’s vast consumer market...............................................Full Article: Source
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