“Dubai of China” Implodes: Beginning Of The End? – ValueWalk Premium

“Dubai of China” Implodes: Beginning Of The End?

The property market in the "Dubai of China" has imploded, according to a report from news agency France 24. There is what looks like a property bubble in many parts of the country, and the collapse of prices in one of its most prestigious markets could mean the beginning of the end of China's massive economic expansion.

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