News stories and subscriber-only market analysis for various sectors of the country's economy.
Nov
18
BEIJING, Nov. 17 (Xinhua) -- A Chinese economist has warned that the country's soaring property prices and equities were "signs of asset bubbles," owing to excessive liquidity.
The Economic Information Daily reported Tuesday that Wu Jinglian, an expert with the Development Research Center of China's State Council, or Cabinet, said excessive lending and liquidity would be a long-term problem for the economy rather than liquidity shortages and weak demand.
