Two Alarming Evaluation on The Chinese Real Estate Downturn.

EconoMonitor : EconoMonitor » China Data, Part 1: Real Estate Downturn.

Will China Break?

Two interesting articles, both alarming, for the Chinese Real Estate Bubble. Is it going to burst with consequences similar to the ones of Japan in late 80’s and US in 2007? It’s also interesting how both writers try to do their analysis, make some kind of accurate forecast  given the lack of statistical data and their lack of knowledge , Krugman acknowledges it, of how the banking, financial and political systems work in China.

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