SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : China Warehouse- More Than Crockery
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RealMuLan who wrote (2120)12/19/2003 12:25:55 PM
From: RealMuLan   of 6370
 
On overheated property market in China,
"On condition of anonymity, a Beijing veteran economist expressed concern about the industry, saying that the overheated property market, if and when it collapses, might not only demolish the economy but strike at social stability, he said.
...
However, unoccupied properties throughout the country by 2002 totaled more than 100 million square meters, half of which had been vacant for 12 months or longer. As a result, the vacancies have locked up more than 250 billion yuan, making property the leader among all Chinese industries in terms of non-performing assets. Obviously, real estate is running on the wheel of the financial industry. "
atimes.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News