March 2, 2012 6:40 PM
Tag: Housing market
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China Attempts to Deflate its Unstable Property Bubble
The Chinese government has announced plans to build affordable housing to help calm the surging property market. From the Guardian:China will spend nearly $200bn (£123bn) on the scheme, part of plans to build 36m low-cost homes over the next five years, said deputy housing minister Qi Ji, speaking at an annual political meeting in the capital. The pledge came a few days after premier Wen Jiabao pMarch 9, 2011 12:59 PM
“Affordable Housing” Numbers Don’t Quite Add Up
Reuters investigates Beijing’s progress in increasing the country’s supply of affordable accommodation:To g
Property Prices See Second Consecutive Drop
In November, home prices in China continued to drop for the second consecutive month. Despite the government’s claims it
December 18, 2011 11:36 PM
China: Fast Food Nation, Too Fast Economy?
With the rise in food prices and labor inflation in China, fast food chains, such as KFC, are planning a rise in prices t
February 7, 2012 2:39 PM
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