China’s next generation
The Rachman Review
00:00
The Importance of Divorce in China
There was a big property bubble in Japan, and there does seem to be one in China as well. Even with the reigning in the property sector, we've seen investment slowdown but prices have not fallen dramatically. There's still a huge pent-up demand for urban properties. Property has been an obsession for Chinese households. The Japanese lost decade was in large part due to the collapse of the big asset bubble. We have not seen the collapse of this big asset bubble in China, at least not yet.
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