Plz read more about this point
here what I got
Cimoaring safety tests and insurance here in US and what China has taken to handle this Situation .
China has used more direct state control to slow contagion. Examples included tighter regulation of presale funds, local government control over escrow accounts to protect homebuyers, and later policy support such as lower mortgage floors, subsidies, and a central-bank facility to help buy unsold homes.
more states firms entered heavily the real-estate market to fill in the gap and stabilizing the market .specially the prices of land sales
and secure local governments finances.
I hope you like those point
I compared that with Lehman brothers
but Lehman brothers was different story .
