The Chinese housing bubble may mean big bucks for investors, but it’s also having a seriously negative impact on citizens, according to a prominent Chinese economist. Wu Xiaoqiu, an economist and vice president of Renmin University of China, told media at the Boao Forum in the province of Hainan last week that the current property bubble in China is disillusioning Chinese youth who can no longer afford to buy a home. “In a regular country, […]