Wednesday, March 27, 2013

China's Stock Markets Fall On Fears of a Real Estate Crackdown

http://www.businessweek.com/articles/2013-03-26/chinas-stock-markets-fall-on-fears-of-a-real-estate-crackdown

This article was about how the stocks in China have fallen, mainly because of the fears in real estate. China, especially the city of Beijing, will tighten rules on mortgages and enforce a profit tax on sales of secondhand apartments. These fears are bringing down their already decreasing stocks.

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