Is China’s Housing Bubble Beginning to Burst?

Residential apartment buildings under construction in Qingzhou city, in east China’s Shandong province Photograph by Imaginechina via AP Photo

Earlier this month, financial analysts from Japan-based Nomura Group issued a grim report on China’s housing market: “To us, it is no longer a question of ‘if’ but rather ‘how severe’ the property market correction will be,” the report read.

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