China's Property Bubble: Can It Be Deflated Safely, or Will It Burst?
China is likely in the midst of a real estate bubble, according to faculty from Wharton and the Guanghua School of Management, who spoke during a joint symposium held at Peking University in Beijing on March 10. “Clearly, in China there are cautionary signs,” said Wharton real estate professor Susan M. Wachter, who also spoke about the fragility of the U.S. market and the need for a new regulatory approach. During his talk, Guanghua finance professor Xinzhong Xu noted, “The more difficult question that nobody can answer is: When is this bubble going to burst?”
http://www.knowledgeatwharton.com.cn/index.cfm?fa=article&articleid=2194&languageid=1
No comments:
Post a Comment
Your Comments are INVALUABLE to Boost Our Business Oxygen