Chinese Real Estate Bubble

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The Inner Mongolia City of Ordos(鄂尔多斯): City of the Future.

China’s revelation that it cannot bailout the eurozone countries from their current fiscal quagmire might be due in part to its own bubbling financial crisis in the form of large, uninhabited real estate developments scattered throughout the country and into which billions in stimulus money were poured. One such place is a city in Inner […]

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