Posts with tag China real estate

By Gus Lubin and Mamta Badkar China's notorious ghost cities are a disaster waiting to happen, according to a new report from CBS News' "60 Minutes." Take it from the CEO of Vanke, the country's largest residential real estate developer, who tells the news program that developers are deep in debt, projects are being... Continue Reading »

Whether one considers China's housing market as "on the brink of collapse" or in the midst of a "healthy correction," all eyes are on what was until recently one of the more stable, and growing, global economies. The fears are based on China's housing bubble, which is not unlike the bubble the U.S. and other countries... Continue Reading »