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The Tightrope of China’s Real Estate Market

Government Response to Crisis

photo by © OC licensed

China’s real estate market is in the throes of a crisis, with skyrocketing prices and mounting speculation threatening stability. In response, the government is orchestrating a delicate dance between regulation and economic growth, that’s the first impression.

I’m not sure how the so-called Western world would react in a comparable situation. But China can act completely differently because it plays by different rules, namely Chinese rules.

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