Andy Xie, renowned Chinese economist, predicts that the housing prices in China will fall, particularly at remote areas with oversupply of residential flats – aka the ghost cities. As China loosens policies to arrest a slowdown in property investment and the broader economy, debate has heated up over whether such efforts will add pressure to […]
Tag Archives: housing
Andy Xie shared his insights on the China and global economy at Citywire’s latest Asia fund selector forum. He stated that economic stimulus is not a foolproof plan. Andy explained why global companies are the biggest winner in the current economy, and what are the impacts. You can read Nick Tay‘s Citywire article about Andy’s […]
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