China Economic Quarterly

China Economic Quarterly

September 2009

Property: Why House Prices Stay High

China’s housing reforms have created impressively high levels of home ownership. But why are house prices so high, and who will build homes for the country’s poorest households?

Also in this issue:

  • After years of political squabbling, China at last has a functioning bond market, write David Wilder and Allen Feng
  • Will Freeman and Yuxin He figure out how small auto makers have established themselves despite official policies backing the Big Three state-owned giants
  • Tom Miller wonders why China, the home of tea, has no internationally recognized tea brand
  • Arthur Kroeber admires James Fallows’ efforts to put China into context

Tomas Wiik2006-09