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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (36515)	7/25/2003 5:12:35 PM
From: RealMuLan	Read Replies (1) \| Respond to of 74559

INTERVIEW:Shanghai Luxury Homes Draw Interest -Developer By Ramoncito dela Cruz Of DOW JONES NEWSWIRES ADVERTISEMENT SHANGHAI (Dow Jones)--Despite tighter credit environment and worries of a price bubble forming in China's real-estate market, a local developer recently launched 18 ultra-luxury homes in Shanghai priced around US$10 million each. "We already have interested buyers for at least nine of the villas," said Scott Zeng, president of privately owned Shanghai Deluxe Family Estate Development Co. sg.biz.yahoo.com

To: RealMuLan who wrote (36515)	7/25/2003 7:58:21 PM
From: energyplay	Read Replies (2) \| Respond to of 74559

Question for board - in which countries in the world is the interior as prosperous as the coastal regions ? I think it would only be countires with interior capitals, like Berlin, Moscow, etc.

To: RealMuLan who wrote (36515)	7/25/2003 8:06:54 PM
From: energyplay	Read Replies (2) \| Respond to of 74559

Reason to let the RMB up a little, but still have it moderately under valued - 1) Lowers import bills as China buys more raw materials. 2) With 1) Will stimmulate development of internal market. Internal market take off is the key to the next stage of China's development. 3) A rising RMB that still has more to go will encourage FDI - by providing a 'put' and by creating the feeling that the train is leaving the station.... 4) A higher RMB will not significantly increase the cost of products from China, since Chian is WAY under most competitiors in price, but will increase profits for factories and wages for workers. Why leave money on the table ? Where else is WAL-MART going to go ? Indonesia is a mess and India has trouble getting it's act together. 5) Increase internal demand and economic growth will result in more tax revenue, reducing budget deficit.