Image by Getty Images via @daylife
Is there a bubble in China waiting to burst, for example in real estate? No, says Shaun Rein to Andy Xie in a debate at CNBC. Xie argued that real estate prices in China were overvalued 100 percent. Wrong says Rein.
“Our research show that 60 percent of the people in second and third tier cities are willing to buy property, up from 30 percent not so long ago,” tell Shaun Rein. “There is a lot of liquidity in the market.”
Introductory opening exchanges can be found here
Shaun Rein by Fantake via Flickr
Shaun Rein is a speaker at the China Speakers Bureau. When you need him at your meeting or
conference, do let us know.