The Chinese property bust seems over before it ever really started, with the latest bullish news...
The Chinese property bust seems over before it ever really started, with the latest bullish news being a 17.3% jump in Shanghai property sales last week. Prices did fall 3.3%, but instead of scaring buyers off (which would happen in a true bust), it looks to have drawn them out. The China Real Estate ETF (TAO) +4.7% YTD after a torrid 2012.
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