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Monday, October 10, 2016
China's property bubble part of global property bubble
ANBOUND

Recently, the Chinese property market bubble once again becomes a focus of the media and the general public. Anbound's special economist Zhong Wei provides an objective insight on the Chinese property market bubble: The property market in China's key cities is really in a bubble, but the Chinese property bubble is just a part of the global property bubble. The heated discussions on the high property price have overshadowed the reality of difficulty in selling the inventories in China’s property market. Other than that, the issue of property market bubble in China's key cities has been exaggerated by the media, and the policies’ adjustment space should be more flexible. In conclusion, as the key cities’ property price takes the lead in starting, the selling of inventories will need to bear its price.

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