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Wednesday, May 16, 2012

China hard landing?

Inquiring minds are reading an excellent report China Real Estate Unravels by Patrick Chovanec, a professor at Tsinghua University's School of Economics and Management in Beijing, China.
Read it at Mish's Global Economic Trend Analysis
Real Estate Crash in China Underway: Foreign Funding Down 80%, Land Sales Down 57%, Starts Down 27%; Expect Chinese GDP to Plunge
by Michael "Mish" Shedlock

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