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Bag’s Take-Away:China’s floodgates will be breached. There’s something about the nature and nexus of capitalism as it meets individual freedom and behavior of the masses that tells me China’s government will pay a heavy price for their prosperity.
(photo: ChinaFotoPress/Zuma Press caption: A group of homebuyers demanding a refund protested at a sales office of developer China Overseas Property in Shanghai as home prices at one of its projects were cut by nearly 30 percent in a sales promotion.)