China Property Fears Stall $6.5 trillion Urbanization Plan

Most investors are familiar with the speculative thesis that China is wrestling with a large property bubble right now, and that there may be little the international community can do to avoid the crash. The Chinese government is aware of the issues, and it’s stalling a $6.5 trillion urbanization plan on fears it will further hurt the economy. Property Crisis In China There are huge fears that several factors stemming from a Chinese property crash could lead to huge problems in China. Jim Chanos, who seems bearish on the country’s future says that the biggest problems are corruption, a massive…