China's Credit and Property Bubble

Property prices in Beijing fell 35% between October and November and the Shanghai stock index has fallen 30% since May.  As much investment in China has been financed by credit, does this mean that the Chinese economy is in trouble?  Is it about to experience its 2008 crisis in 2012?  What will be the effects for Western economies should China experience a financial crisis and massive deleveraging?  Click here to read more.

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