Tag Archive | "China"
China’s Economy Not a Bubble
It was announced today that China’s GDP grew 10.7% last quarter over a year ago, its fastest pace since 2007. There is now speculation that China’s central bank will start raising their benchmark interest rate in order to tighten debt lending in the country. In fact, China’s central bank last week raised reserve requirements and [...]
Continue reading...New Model for Chinese Real Estate Developers: Fast-turn Around
Monday, October 19, 2009
Evergrande Real Estate, seeking accelerated growth, sold 4.537 million sqm of floor space during the first three quarters of this year, with sales revenue of RMB23 billion, a year-over- year increase surpassing 150 percent. During the third quarter, the developer sold 2.303 million sqm of floor space, with sales revenue reaching RMB12.33 billion. As such, the [...]
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Friday, January 22, 2010
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