China’s property bubble will burst in latter half of 2013, says research firm

Inflated by high-end speculation and the flow of cheap money, China’s property bubble seems to keep on growing and now it’s nearing its popping point, says the founder of a Hong Kong-based research firm.

Gillem Tulloch of Forensic Asia told Reuters the “bubble” will burst in the second half of this year once China stops “injecting ridiculous amounts of credit into the economy.” Continue reading