Why China Can’t Fix Its Housing Bubble
A man and a woman ride on an electric scooter past new apartment buildings in Jining, China. (Photographer: Qilai Shen/Bloomberg)

Why China Can’t Fix Its Housing Bubble

(Bloomberg Opinion) -- Real estate is the driver of the Chinese economy. By some estimates, it accounts (directly and indirectly) for as much as 30 percent of gross domestic product. Keeping housin...
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