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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 389.05+0.4%Dec 10 4:00 PM EST
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To: TobagoJack who wrote (48596)4/15/2009 3:40:58 AM
From: energyplay  Read Replies (2) of 218357
 
If China can get growth to above 5 percent this year and 6-7 percent for the next 2 years, many of those overpriced properties will be able to bring rents back up along with valuations. That's the great thing about huge growth rates - they can even compensate for a bunch of 'fees'.

That doesn't mean that China can build bridges to nowhere with no negative consequenses, but they can build ahead of demand by a few years, as long as they don't do too much.

Also, most of the state enterprises that were a large drag have been improved, downsized, or sold off.
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