Wednesday 31 March 2010

China's property bubbles. New

I've listened new report about situation in red-hot markets in China. There are not a lot of anything new, just some additions.

The government of China made pronouncement about economic growth. Some specialists argue about what currency has more influence on China's economy- US dollar or British pound. But Irrespective of that, China has a great potential as one of the greatest countries in economy.

There are still main problem - "bubbles" on the property markets in China. Prices are too high, there are excellent sphere for development of speculations and bureaucracy. These "bubbles" are bound to pop.

One question remains about help of the government and how it is going to build up investing and financial structure.

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