ASSESSMENTS

China: Real Estate Bubbles and the National People's Congress

Mar 5, 2010 | 09:41 GMT

China: Real Estate Bubbles and the National People's Congress
Chinese police and enforcement workers evict residents in Beijing on Feb. 3, 2010

STR/AFP/Getty Images

Summary

Rising housing prices have become the topic of debate — and unrest — in China, and the central government has few options in trying to curb costs. Reining in prices too hard could result in bursting bubbles, an intimidating prospect for the Chinese economy.

Rising housing prices in China are the subject of strong debate as the country prepares for the third plenary session of the 11th National People's Congress....

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