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Thread: China’s economy is on the verge of collapse?
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[quote=GUEST12578,449035]China's real estate market is going to have an adjustment or correction, but will not collapse. Why? 1. Unemployment is relatively low and people will continue to buy homes. On the other hand the supply of aprtments is tight. 2. Strong demand for housing. This strong demand will continue for many years, due to the massive migration into large metropolitans in the near future. 3. Government intervention in controlling speculation in R.E. by limiting the number of apartments an individual can purchase. As far the economic growth, there are two parts here: domestic and international. If the international demand for Chinese goods relaxes, you may not see any rapid growth. This slow demand will indirectly affect unemployment and therefore domestic demand as well. Just don't cry for China, yet.[/quote]
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