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China ‘Worried’ About Bubbles in Property, Foreign Markets

  • China’s housing bubble still ‘relatively big,’ regulator says
  • Global financial market froth is at risk of bursting, Guo says
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WATCH: Parry Global’s Gavin Parry discusses China’s economy and its bubble warning.(Source: Bloomberg)
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China’s top banking regulator said he’s “very worried” about risks emerging from bubbles in global financial markets and the nation’s property sector, sparking fresh concerns about further tightening in the world’s second-biggest economy. Stocks dropped across Asia.