Archive for China Real Estate News

China property investment more than the whole world combined?

CNBC news release of a cushman & wakefield Report on global real estate activity showed chinese markets up 242% in 2009 or 156 Billion US Dollars.

The whole list.

china $156 billion
hk $9 billion
UK $39 billion

USA $38 billion
Japan $19 billion
Germany $14 billion
France $10 billion
South Korea $10 billion
Australia $7 billion
Taiwan $5 billion

http://www.cnbc.com/id/35676535?slide=1

On a sad note, it seems that J.G Ballards Shanghai home has fallen to the developement.
I recently passed by and noticed the Restaurant SH508 has closed (it moved to somewhere else, I seen it too, but can’t remember now).
I had in my wildest dreams not been able to imagine it being destroyed.
http://shanghaiist.com/2010/03/10/the_disappearance_of_jg_ballards_sh.php

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City of San Francisco opens business exchange office in Shanghai

ChinaSF, an office of the City of San Francisco whose goal is to help chinese companies move to San Francisco and the other way around has opened it’s office in Shanghai’s flashy Xintiandi area.

Gavin Newsom, the Mayor of San Francisco offically launched the Office with Vincent H. S. Lo who is chairman of Shui On Land (developer of Xintiandi, and the popular Lakeville properties) wednesday.

Newsom also used the occasion to announce a successful deal through ChinaSF that will bring Trina Solar and China Daily to the californian City.

“San Francisco wants to be the premier Gateway for chinese Companies to the U.S.” the mayor said. 
It sort of seems logic to open an office to Shanghai, China’s Gateway to the west.

San Francisco is the second city to launch an co-operative office after Chicago started a similar fundation last year.

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