Housing Starts in China Plunge 25%; Did China's Property Bubble Finally Burst?
MishTalk
MAY 14, 2014
Economic data released on Tuesday also included a deceleration in industrial production, with growth in steel and cement output slowing to a crawl. Property investment has grown to account for about 13 per cent of gross domestic product, roughly double the US share at the height of the bubble in 2007.
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