RSSNewsletterSiteMapFeedback

Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / Business Highlights Tools: Save | Print | E-mail | Most Read | Comment
Jim Rogers downbeat about Chinese real estate market
Adjust font size:

When attending an investment meeting in Singapore, Jim Rogers, a renowned investor, said big changes are in store for the Chinese real estate market. He predicted that, given the Chinese government attaches great importance to the real property market and is trying their best to dampen speculations, it is likely some investors will face bankruptcy this year.

In fact, Mr. Rogers' perspectives about Chinese real estate market turned gloomy last year. Last September, he observed that the Chinese government had noticed bubbles in the industry because it adopted a series of tight measures attempting to cool down the market. He did not think Shanghai was suitable for real estate investment. He recommended second- or third- tier cities to Chinese citizens for making such investments.  

For more details, please read the full story in Chinese. (http://www.morningpost.com.cn/article.asp?articleid=117313)  

(China.org.cn February 21, 2008)

Tools: Save | Print | E-mail | Most Read

Comment
Username   Password   Anonymous
 
China Archives
Related >>
- Mr. Rogers says: Don't buy QDII
- Jim Rogers: I prefer H shares to A shares in 2007
- Reason to Be Upbeat about Chinese Shares
Most Viewed >>
-WTO showdown for China's auto tariffs
-Fish to Japan free of pesticide: exporter
-3 Chinese banks among top 25
-Aluminum prices rise
-China hope against slowdown

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © China.org.cn. All Rights Reserved E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP证 040089号