Summary | The property market is the heart of the China's
economy, and the gap is evident there.Prices in the main cities
may have plateaued but nobody I know expects them to fall
significantly.Prices in other places?The system allows
developers to choose not to cut costs and to sit on empty
inventory.Next is debt.How that plays out is beyond my ability ...
economy, and the gap is evident there.Prices in the main cities
may have plateaued but nobody I know expects them to fall
significantly.Prices in other places?The system allows
developers to choose not to cut costs and to sit on empty
inventory.Next is debt.How that plays out is beyond my ability ...
chinaeconomicreview.com | 01 April 2015