China property bubble looming for int'l investors

Singapore

INTERNATIONAL investors who bought Chinese property-related stocks and bonds a year ago, when default fears sent them into a tailspin, have cause for celebration. Their bravery has paid off, handsomely.

Real estate prices in Shenzhen have increased 74 per cent in 12 months. Don't try the same now, though. Most developers with shares and debt accessible to investors outside of China are primarily exposed to the nation's biggest cit…