RSS Feed

Calendar

Search

Tag Cloud

Archives

Financial Times (August 26)

2014/ 08/ 26 by jd in Global News

“China’s tottering property market presents one of the greatest threats to the global economy.” The reverberations would be felt around the globe, particularly by nations reliant on natural resource exports. “The size of China’s property boom–and therefore the fallout from any crash–is awe-inspiring. In just two years, 2011 and 2012, China produced more cement than the US did in the entire 20th century.”

 

[archive]