Will China's Property Market Crash, and So What If It Does?

Will China's Property Market Crash, and So What If It Does?

Dorinda Elliott:At this week’s National People’s Congress, outgoing Premier Wen Jiabao proclaimed that the government kept housing prices from rising too fast. Really? I wonder what my 28-year-old Shanghainese friend Robert thinks about that. He and his fiancée could never dream of buying an apartment on their own, but his fiancée won’t marry him unless he has one. Robert is

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