4:00am

Tue December 13, 2011
Asia

After Boom, China's Property Market Heads Lower

In recent years, China's real estate market has boomed. A three-bedroom apartment in Shanghai overlooking the river would cost more than $3 million. But that's beginning to change. The slide comes as the world's most dynamic economy grapples with other challenges, including massive local government debt and slowing growth.

Related Program