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

Category: Real Estate, Video

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2 Responses to “China’s Real Estate Bubble”

  1. FarEastViews says:

    The real estate is not the only bubble, the environment is a another.

    The EU Commission published this report recently, well worth reading if you are interested about China, the politically influenced economy and the the possible impact of the environmental challenges facing the new leadership.

  2. Maseratij says:

    Bubble, shmubble, …. dealing with it is their problem. Oh yes interconnected global consequences be damned, what irks me is all the video of what appears to be a vibrant economy. New buildings, new roads, new buses it is no wonder that the Chinese interviewed during the Olympics were quite glad to give up personal freedom for economic growth. The problem here is comparing their bubble to ours, my bet is that a magnitude more of Chinese citizens were upwardly mobile, based on salary increases, than American citizens since the Millennium. Heck we gave away our liberties here in the US to the military industrial complex and the international banking system for nothing in return.