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
WATCH: Parry Global’s Gavin Parry discusses China’s economy and its bubble warning.(Source: Bloomberg)Bloomberg News
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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.