辜朝明市场正处于十字路口

So much for the political issues. So let me get back into economics. How about China? Well, this is the official Beijing house prices compared to what happened to Tokyo and Osaka house prices 30 years ago. And even though the pattern is different, the magnitude of the bubble looks like about the same. And even though these numbers indicate that house prices are not falling all that much, we know that it's not true. House prices in Beijing and Chinese house prices have fallen far more than this. It's just no ...