The rush of investors and developers into China's Tier 2 cities has left those towns as bubbly...

|By:, SA News Editor

The rush of investors and developers into China's Tier 2 cities has left those towns as bubbly as Shanghai. Typical is Wuhan, where the supply of new homes stands at 8X annual sales. "If you are building things that are only going to be used in 10 years, maybe we have an issue," says a CS analyst.