You are viewing:-
you're reading...
1.Market Observations, 5.Troubled companies

3 Oct 2016 (AFR,TaipeiTimes) – China needs to heed warnings on property

(3 October 2016, AFR, p22, By Andrew Sheng and Xiao Geng, Taipei Times)

‘Real-estate prices in China’s top cities are spiking, generating contradictory predictions of either bursting bubbles or an economic turnaround. What is really going on in China’s property market? The Chinese National Bureau of Statistics last week revealed that 10 of the 70 large and medium-size cities surveyed recorded annual price increases of more than 20 percent for newly built commercial housing. In the first-tier cities of Shanghai and Shenzhen, the gains were even higher: greater than 37 percent. In the second-tier cities of Xiamen and Hefei, the increases exceeded 40 percent.’



About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: