[Manthink]

Good news for China.  
The bubble is burst for property sector.
Thus China can avoid a 1977 1997 SEA financial crisis and a US 2008 US Lehman bro crisis.
Celebration!

Agree - it is clear the Chinese has acted and move away from overly reliance on real estate economy that runs on speculation and financial industry in an economy will have very dangerous outcome for any country. 

Just look decades of damages caused after Japan's 1990s property crash and the disaster the US had experienced since the 2008 Wall St. financial crash...

So it is good news to see a shrinking workforce in these sectors in China...