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. Add related sectors, such as steel, cement and other construction materials, and the figure is closer to 16 per cent. Prices are falling for both new and old apartments.
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