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

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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

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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

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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