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October 18, 2005

China Builds Its Dreams, and Some Fear a Bubble

Just got pinged this article by the New York Times, good reading if you want to get a snapshot of whats going in China at the moment, especially in the Housing market:

"There's no doubt what is happening in parts of China is on a scale we've never seen before," said Richard Burdett, professor of architecture and urbanism at the London School of Economics. "But more importantly, it's the fastest pace of development in the past 50 or 100 years."

New York Times article


Posted by shak at October 18, 2005 6:45 PM

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