I would like to tell you about new report concerning already well-known Chinese economic problem - property bubbles and factors which cause that.
A lot of investors really are afraid of possibility of a property bubble in China. The Chinese property market is seeing phenomenal boost in prices.
Real estate market in China that is showing signs of recovering from the global property downturn are now in danger of becoming too hot.As fast as China's cities are growing , they are produce more office towers and malls than can be leased for years to come.The Chinese property market is seeing phenomenal growth in prices
Many specialists worry that the demand isn't real and that banks increase the prices.Also they consider that the government should control bank lending and prices and do not let them rise so rapidly.
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