Archive for Reports

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

Filed under: China Real Estate | , , |1 Comment

Merrill Lynch expects China to be the first to make the turn

Merrill Lynch came out first to say that growth has bottomed out in China during March.
Car Sales are through the roof but the manufacturing industry is still not out of the woods.
http://www.bloomberg.com/apps/news?pid=20601087&sid=a9MWMeXMvBP8&refer=home

I’ve spoken to some investors lately though, and it seems they’re quite confident for 2009 and their businesses here, that’s significant, because most of them are still withdrawing money abroad to invest it in china.

Filed under: Economy, General News, International News | , , , |No Comments

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