Topic: China's housing market is set for a hard landing

The numbers are grim: China's property bubble is heading for a spectacular burst, and its effect on the country's economy will be widespread.

The Chinese government's announcement last week that growth for 2011 slowed only slightly to a still impressive 9.2% was greeted enthusiastically by the world's stock markets. Investors also remain buoyant on China's future.

http://finance.fortune.cnn.com/2012/01/ … ate-crash/