Chanticleer
There’s a frightening new bubble building in China
China’s property bubble has popped, its economy is spluttering and its sharemarket is all over the place. Now there’s a new problem to watch.
You can expect to hear a lot about China in the next few weeks. Having claimed 89 medals at the Tokyo Games, the huge Chinese team will be a force to be reckoned with in Paris.
But away from the track, pool and playing fields, there’s a much bigger story brewing in Beijing. And Australian investors – and governments – should be paying more attention.
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