Ignore China's Property Bubble at Your Peril
Soaring towers across the nation, newly built ghost towns, and still a frenzy to invest. Property investment in China now accounts for over 10 percent of the nation's growth and the government is stepping in to slow the market down. Latest measures include a 60% percent down payment on second homes and higher sales tax. But is this enough to calm the market? I spoke to Gillem Tulloch, Founder and MD of Forensic Asia.
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