Crawl Across the Ocean

Friday, December 10, 2010

China's Bubble

Just for the record, I thought I'd mention that this article by Ambrose Evans-Pritchard on the bubble in China is pretty convincing.

It's hard for me to believe that China is in the midst of anything other than a massive property bubble on a similar scale to Japan in the 80's or much of the developed world over the last decade or so.

That is all - if you want more details, read the article.

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