Market intervention

 
China Vanke has 98 per cent of its investments in the mainland but plans to have some 20 per cent overseas. Photo: Bloomberg

China Vanke chair Wang Shi again warns of China housing bubble

The bubble is not "light", Wang said at a conference in Shanghai yesterday. "If the bubble lasts, it will be dangerous." Home prices have been increasing even as the government in March stepped up a three-year campaign to cool the market.

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