CASS: China's Property Bust Could "Fatally Impact" the Economy - 1 views
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Jacqueline Nivard on 22 Oct 12As China's real estate market continues to cool, experts have warned that a collapse in the market could spell disaster for the economy. This poses a dilemma for the Chinese regime. Sky-high property prices can fuel social tensions, but a reverse of the property boom could damage Beijing's bid to maintain the economy.