Blowing up a property bubble
By Andrew Moody, Zhang Qi and Xin Zhiming | China Daily | Updated: 2009-11-04 08:24
|
A bidder enters the race for a property during a sale at an auction house in Lanzhou, capital of Gansu province. Yong Hong |
When China announced its massive stimulus plan, the package was aimed at putting the economy back on a long-term growth trajectory - not stoking another property boom.
Photo
