ChinSight

Archive for March, 2012

Saturday, March 24th, 2012

Who can afford an apartment in China today?

Thieves, prostitutes and Tang Dynasty farmers might be able to according to Satyajit Das, well-known economist, who presented to a Melbourne audience recently. Das, who doesn’t believe the 21st century will belong to China, due to slowing growth and burgeoning debt, was commenting on the real estate bubble gripping China today. Who can afford to