Home prices: a threat to the economy
By You Nuo | China Daily | Updated: 2010-03-01 08:11
Despite all the official statements and policies that have recently been rolled out from Beijing, people still have a lot of questions about the prospects for the Chinese economy.
Will there be rampant inflation to force the government to pull the brake - abruptly, clumsily, and dangerously as it did during 1990s?
Will the economy manage to ease off adding to the large cities' property development - before the industry takes the nation hostage and ruins its overall health? Will there be safer channels for society's investment enthusiasm now that the central government is already acting to pour cold water on property and stock markets?
Photo