In The News: China’s Property Bubble and much more
With China’s property sales down 7.7 percent in the first quarter, many investors fear that the country’s housing bubble could burst at anytime. Read on to find out about Moody’s take on China’s real estate. You’ll also read about China and Russia’s $400 billion gas supply deal and the success story of China’s biggest online retailer, JD.com, on its first day of trading.