Tuesday, Apr 13, 2010

China tighthening is a joke

Andy Xie (ex Morgan Stanley Asia Chief Economist): China's Tightening Is A Joke, Local Governments Are Preparing Another Big Round Of Real Estate Inflation

This shows that if the government wants to pop up property market at everyone else expenses, it can. Not that much different
from UK government really - she is now the owner of Northern Rock etc and property crash would be against her interest.

Posted by easybetman @ 11:32 AM (416 views) Add Comment

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