60 Minutes: Chinese Residential Real Estate
Though Zhang Xin has made a fortune in commercial real estate, some speculate that the China residential real estate market bubble is poised to burst.
60 Minutes: China Real Estate Bubble
Over the past 30 years, the country’s state-controlled economy has grown to the world’s second largest. But did they overdo it, creating a housing bubble? “The most populated nation on Earth is building houses, districts, and cities with no one in them,” Lesley Stahl said.