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Strategies & Market Trends : China Warehouse- More Than Crockery
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To: RealMuLan who wrote (3269)6/12/2004 2:16:39 PM
From: sammaster  Read Replies (2) of 6370
 
thanks for your prior answers

is it true that because of lack of electricity supply that
1..people and factories use gas driven generators? and
2..that there are frequent brownouts/blackouts?

also in terms of real estate i saw a news clip where china government was selling its existing housing to the tenants for cheap but that new property is very expensive.
1... is this true?
2.. do you see a "Bubble" in real estate building there or is it really needed to accomodate all the people moving from rural to urban centers?

i've also been reading a book that states just as you have that the younger generations are not as heavy savers as the older generation and are becoming "americanized", meaning that they like to live on credit and for the moment rather than save for the future..
1.. do you see this trend to spend rather than save in the younger folks there, especially in consumer non-essential goods?
2. do you notice a lot more american retail stores popping up there?

thanks in advance for your insights
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