Michael Sainsbury Crikey, crikey.com.au, 2 September, 2014 Things are grim in Kunming, capital of China’s vast southern province of Yunnan. Not so very long ago, Kunming was a pleasant provincial university city with relatively fresh mountain air. But over the past decade it has suffered the same fate as hundreds of Chinese cities: it’s been
Tag Archives: Chinese property bubble
Michael Sainsbury China must be now be extremely concerned about its property market plummeting with a story widely published in state media at the weekend going to great lengths to say that if the property bubble does pop – and note that the story actually calls it a bubble – it won’t hurt the economy.