Olympian Bust?

Epstein, Gady; Qu Wei
September 2008
Forbes Asia;9/1/2008, Vol. 4 Issue 14, p22
The article focuses on the over supply of commercial buildings in China. According to the author, some of the almost completed buildings in the country has been left exposed and neglected leading to price reductions in space from $95 to $55 per square foot. According to J.P.Morgan Chase & Co., this condition is considered worst in Southern China, where underdeveloped parcels are going unsold and home prices are expected to continue to drop following the 40% downfall in some neighborhoods.


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