China’s Bust a Boom for California Real Estate?

Despite numerous alarming articles following the implosion of the Chinese stock market, it is too early to declare China’s recent economic woes a Bust. In fact, in the past two months the stock market has seen moderate signs of recovery. Certainly, the crash of China’s two major stock exchanges in Shenzhen and Shanghai this past June had investors and the Chinese government worried enough to implement a freeze on trading for almost 50 percent of its shares.