All eyes on China’s housing market

As one of the leading developing countries, China has been on the spotlight for a lot of investors who wishes to venture into the expanding market. Its upcoming housing report will allow investors to gauge their opportunities on investing into the rapidly growing market. If the report foreshows an overall positive situation in China’s housing sector, it will stir up the country’s market and ride along China’s hasty economical growth. If the report depicts signs of market cooling however, investors will be let down and the market may not be as active as expected. If the property market does tumble, a part of the country’s economy (6%) will be affected by it and there is nothing that can replace it in the short run. This may ultimately take a percentage off the rate of economical growth in the country. The rest of the world may be affected as well if China’s housing market does not appear promising.

http://www.bnn.ca/News/2011/11/17/All-eyes-on-Chinas-housing-market.aspx

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