China’s Politburo mulls its housing bubble

Wednesday, 4 May 2016

Politburo meeting on April 29, the tone of the work to the inventory of real estate is positioned as “orderly digest” this new tone behind just fit the current market situation.

Reporters noted that, under the effect of a series of policies for a portfolio, real estate this year to achieve “good start.” National Bureau of Statistics data show that a quarter of the national real estate investment rose 6.2% nominal growth, the national real estate sales up 33.1%.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.