Furious Chinese Demand Money Back As Housing Bubble Pops
March 24, 2014 at 12:24 PM EDT
After four years of talking (and not doing much) about cooling the hot-money speculation that is the Chinese real-estate bubble (mirroring the US equity market bubble since stock-ownership is low in China), the WSJ reports that the people are restless as the PBOC actually takes actions - and prices are falling.