Friday, Feb 05, 2010
The Men In Black Are Making Too Much Of The Rate Hikes In China .. Normal Cooling Down Thats All
CNBC: China's Property to Keep Booming
The property price rally seen in the major Chinese cities does not show signs of stopping as local investors have very few places to put their money, Adam Roseman, CEO of ARC China, told CNBC Friday.
Posted by depressed @ 12:43 PM (246 views) Add Comment
1 Comment
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1. dude said...
Ah but would you want to buy in China? I've been reading Will Hutton's Writing on the Wall -- and from what is in there property ownership rights is very dodgy, with The Party free to do what they please.
I'd suggest anyone wanting to buy there are either insane, or have contacts with local Party officials.