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发帖数: 2812 | 1 Risk to Global Economy
China's Real Estate Bubble Threatens to Burst
By Wieland Wagner
Two years after the US subprime crisis, China is seeing its own real estate
bubble as a result of massive state stimulus programs. Many economists are
warning it could burst soon, with unpredictable results for the global
economy.
An interminable sawing, screeching, drilling and hammering rips through the
oppressive summer heat and humidity in the northern Chinese city of Tianjin.
Here, on the city's dusty out |
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