chinese real estate bubble

Chinese real estate bubble 60 Minutes…. 60 Minutes had a great segment on the Chinese real estate bubble earlier this week. If you have not seen it yet check out the very insightful video. According to 60 minutes China’s rapid growth “may have created the largest housing bubble in history”.  There was also a segment on 60 minutes about Zhang Xin. Zhang Xin went from working in a sweatshop to being a billionaire real estate developer. He tells his story. Both videos are embedded below: