Standard &Poor's cut its outlook to 'negative' on Chinese developers on June 15 and the rating agency said tighter credit could drive down prices by 10% over the next year.
Global shares have tumbled after the credit rating agency StandardandPoor's downgraded Greek debt to "junk" on Tuesday.
周二,在信用评级机构(Standard and Poor)将希腊债务评为垃圾级后,全球股票暴跌。
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After the rating agency Standard & Poor's downgraded America's long-term debt, China said that Washington needed to "cure its addiction to debts" and "live within its means.