Is China Blowing A Subprime Mortgage Bubble?

The stock and foreign exchange market volatility has driven capital into China's property sector. With the introduction of "innovative" financial products to help home buyers circumvent down payment requirements, are Chinese banks creating a subprime mortgage bubble? The argument used to go like this: China won't have a subprime mortgage bubble like the U.S. because […]

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Read the original article: China Money Network