Aug
23
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Tang Says China Real Estate Earnings `Very Robust’
Posted under REAL ESTATE by admin
Aug. 22 (Bloomberg) — John Tang, a Hong Kong-based strategist at UBS AG, talks about the outlook for China stocks, and the nation’s currency and economy.
Tang speaks with John Dawson on Bloomberg Television’s “On the Move Asia.” (Source: Bloomberg)
Duration : 0:5:5
@WisdomThroughLogic …
@WisdomThroughLogic I actually agree with you and personally beleive that China is in a far better position than the USA. The one very sad thing is knowing how many soon to be worthless Treasury bonds they bought.
@slhines7 This is …
@slhines7 This is BS. China’s position is nothing like the Usa’s. #1 China has reserves, and lots of it, #2 these houses & buildings aren’t based on debt, as the usa buyers were. #3 China is far from developed twords their western area. The Chinese have planned mass migrations before, and have had huge plans for their population littered throughout their history. You are looking at china through a western lens.
They are in a HUGE …
They are in a HUGE shadow inventory overbuilding bubble, just like the USA. Look up shadow inventories and ghost cities in both the USA and China. Get out the Bulldozers:)
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