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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (48742)	7/13/2012 10:40:03 AM
From: NikhilJog	Read Replies (1) \| Respond to of 78753

On China from my China source: "Regarding the property market in second tier cities in China, I still didn't see a big price correction. The price has dropped a little bit in the past year. However now with the economy slowing down significantly, Chinese government is loosening the credit again and local governments want to stimulate up the property market more than ever as they are all facing heavy debts and need proceeds of land auction to pay back the debts. That's why in fact Chinese property bubble lasts so long and is not easy to get bursted. My view is that finally the property bubble will burst. The problem is when. And nobody knows when. " This person is currently travelling to US, so this is all i have for now. As more follows, i will send it along.