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Old 03-18-2011, 12:43 PM
 
Location: Los Altos Hills, CA
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China attempts to deflate its unstable property bubble | Business | The Guardian
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Old 03-18-2011, 12:47 PM
 
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There is really nothing new here. If property valuations get seriously overpriced you will see a fall in those values. There are a few things to keep in mind in regards to China and that is demand is still rising and their economy isn't anywhere nears as debt leverage in terms of consumer debt as the United State was and still is.
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