China’s economy has become the second largest in the world, but its rapid growth may have created the largest housing bubble in history.
China’s Real Estate Bubble
March 3, 2013 4:00 PM
Financial analyst Gillem Tulloch tells Lesley Stahl that the Chinese government has sent mixed messages on real estate – trying to contain the bubble while demanding economic growth.
China’s real estate quandary
Analyst Anne Stevenson-Yang explains how China’s real estate boom was created — and what might happen to property owners if the bottom falls out.
“Doomsday” scenario for China
Real estate mogul Zhang Xin tells Lesley Stahl what the Chinese government is doing to slow down the country’s real estate boom and prevent a U.S.-style crash.
Containing China’s real estate bubble