Photo Gallery: China's Property Boom
Foto: STR/ AFP
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Photo Gallery: China's Property Boom

Risk to Global Economy China's Real Estate Bubble Threatens to Burst

Two years after the US subprime crisis, China is seeing its own real estate bubble as a result of massive state stimulus programs. Many economists are warning it could burst soon, with unpredictable results for the global economy.
Translated from the German by Christopher Sultan