Andy Xie, Renowned Chinese Economist, thinks that the China property price drop could have a positive impact on the economy. Read about his insights in China Economic Review… If prices were to continue to drop, if bigger developers went under and China’s property sector collapsed, this isn’t necessarily the doomsday scenario many have feared, according […]
Tag Archives: China property prices
In an recent interview with CNBC (Jan 2, 2013), independent economist Andy Xie discusses the state of the property markets in Hong Kong and Singapore. He said China’s property market is a “smoke-screen” to confuse investors. The China property prices, as that in the second and third tier cities, are going to drop a shocking […]
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