China Housing Prices Decline

make housing more affordable and douse a possible catalyst for social unrest. Steps by regulators include tightening lending and putting tougher restrictions on buying homes.



An unanswered question is whether China can gently let the air out of its real-estate bubble or whether the bubble will burst, undermining economic growth. With the European Union and U.S. struggling to kick-start their own economies, global growth depends increasingly on the health of the Chinese economy, the world's second-largest.   More Read