housing bubble

Ghost Towns: No Place To Live If There’s No Work

Government efforts to urbanize China's population by building new towns are failing due to a lack of local jobs; one of the many newly constructed towns, Tieling, remains empty because residents cannot find employment: Urban...

Word of the Week: Panbi

Editor’s Note: The CDT Grass-Mud Horse Lexicon is a glossary of terms created by Chinese netizens and frequently encountered in online political discussions. These are the words of China’s online “resistance discourse,” used to...

Property Investors Rush to “Mini-Hong Kong”

Residential property prices in Qianhai, an economic development zone near Hong Kong, has partly surpassed those of Shenzhen, generating debate over the effectiveness of the government’s economic stimulus plan, as well as the...

Angola’s Chinese Built Ghost Town

China seems to have taken a symptom of their real-estate bubble with them in their continued investment in Africa. Over the last three years, state-owned China International Trust and Investment Corporation (中国中信集团公司) has built...

China Real-Estate Market Rebounds

China's real-estate market, after experiencing a 2-year recession, appears to be warming up again. The bounce has temporarily eased both domestic and international concerns over China’s slowing economy. From Bob Davis and...

Bear in a China Shop

Against a swelling chorus of bearism, Arthur Kroeber argues that China is likely to continue its economic ascent. But, he writes, although “China will likely surpass the United States as the world’s top economy … until it...

Pressure Building on China’s Property Sector

The Wall Street Journal’s Tom Orlik emerges from the financial weeds and writes that official government data glosses over a growing mountain of liabilities weighing on China’s publicly listed property developers...

China's Thin Margin for Error in Property Policies

Amid growing concerns about the economy and the collapse of the Euro, there are added worries that China’s campaign to deflate housing prices will go too far. While Beijing has eased credit policies to regulate inflation,...

China's New Unofficial Currency: Panbi(潘币)

As Steve Jobs’ death triggered enormous reactions from Chinese netizens, the Beijing real estate tycoon Pan Shiyi has also joined the wave by posting the following tweet on his microblog: @Pan Shiyi: Apple’s board of directors...

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...

State Media Blames Housing Crisis on Corrupt Government

ChinaGeeks translates a candid article from China Youth Daily about the housing crisis and corruption: Housing is meant to be a one of the basic necessities of life, but at present it has become a very common problem. If the...

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