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Although there may be a bubble in luxury housing, especially in Shanghai, house prices nationwide rose by only 4% on average last year.
ECONOMIST: China's economy
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China housing prices have soared over the last five years, especially in the eastern cities like Beijing and Shanghai.
FORBES: Popping Housing Bubble A Long Term Strategy, China's Wen Says
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He described the way people talk and misbehave while he plays, especially in the cities outside Beijing, Guangzhou, and Shanghai.
NEWYORKER: The Olympian
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The modules are being produced at a 1.2 square mile manufacturing site in Shanghai that the Chinese company created especially for this project.
FORBES: Wanna Buy a Bridge?
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This is especially true in second and third tier cities, ie: not Shanghai, Hong Kong, Guangzhou and Beijing.
FORBES: China's Non-Bubble Housing Bubble