China Can’t Afford to Let Its Housing Bubble Pop

Among the many reasons to dismiss President Xi Jinping’s pledges to transform China’s growth model, Gan Li may offer the best: an epic housing bubble that can’t be allowed to pop.

Gan, a professor at Southwestern University of Finance and Economics in Chengdu, Sichuan and at Texas A&M University in College Station, Texas, recently crunched some disturbing numbers on the level and distribution of household income and wealth. After examining survey results from 28,000 households and 100,000 individuals, Gan believes that roughly 65 percent of China’s house

via China Can’t Afford to Let Its Housing Bubble Pop – Bloomberg.

CLICK HERE TO GET TODAY'S BEST WRITING ON THE PLANET DELIVERED TONIGHT

BIZCATALYST 360°https://www.bizcatalyst360.com/about/

WE ARE THE AWARD-WINNING PUBLISHING DIVISION OF 360° NATION —PRESENTING OUR LIFE, CULTURE, AND BIZ MULTIMEDIA DIGEST AS A HUB OF CREATIVE EXPRESSION AND PERSONAL GROWTH. WITH AN EMPHASIS ON ACTION, OUR VAST GLOBAL CONTRIBUTOR COMMUNITY EMPOWERS PEOPLE TO TRANSITION FROM KNOWING WHAT TO DO TO ACTUALLY DOING IT —ALL COMPLEMENTED BY SYNDICATION RELATIONSHIPS WITH A CHOICE GROUP OF EQUALLY INNOVATIVE MEDIA OUTLETS. TODAY AND EVERY DAY, WE SIMPLY DELIVER THE VERY BEST INSIGHTS, INTELLIGENCE, AND INSPIRATION AVAILABLE ANYWHERE —DOING IT OUR WAY BY PLACING OUR WRITERS AND OUR AUDIENCE AT THE FOREFRONT. IT'S MAGICAL. IT'S EVERGREEN. AND QUITE FRANKLY, IT'S JUST GOOD STUFF. PERIOD.

DO YOU HAVE THE "WRITE" STUFF? If you’re ready to share your wisdom of experience, we’re ready to share it with our massive global audience – by giving you the opportunity to become a published Contributor on our award-winning Site with (your own byline). And who knows? – it may be your first step in discovering your “hidden Hemmingway”. LEARN MORE HERE

A DECADE+ OF STORYTELLING POWERED BY THE BEST WRITERS ON THE PLANET

China Can’t Afford to Let Its Housing Bubble Pop

JOIN THE CONVERSATION Cancel reply

TIME FOR A "JUST BE." MOMENT?

TAKE STROLL INSIDE 360° NATION

ENJOY OUR FREE EVENTS

BECAUSE WE'RE BETTER TOGETHER

"WE DON'T DO IT ALL, BUT WE DO IT ALL FOR GOOD"

let's rediscover humanity togetherIt's About Time ...