Efforts by China´s financial authorities to tame its real estate sector failed, mostly because China´s investors have few venues to make money, says shadow banking expert Sara Hsu in the EastAsia Forum.Read More →
The trend of China´s rich planning migration to other countries has increased to 60 percent in 2016, according to the latest report by the Hurun Rich list. A weaker currency and fear for a collapsing domestic real estate market are the main reasons, Hurun founder Rupert Hoogewerf tells in the South China Morning Post. The US topped the list, followed by Britain, Canada, Australia and Singapore.Read More →
The move by Blackstone not to sell a landmark California hotel to the Anbang Insurance group for security concerns shows domestic volatility in the US and serious risk for Chinese companies looking for investment opportunities, says business analyst Shaun Rein to the South China Morning Post.Read More →
China still has amazing growth figures, but not everybody is going to win the structural change the country is going through. Financial analyst Sara Hsu gives in the Diplomat an overview of the industries who relied on China´s double-digit growth an that will likely be hurt: commodities, real estate, import of goods and services.Read More →
Beijing rich does not always mean having a lot of cash at hand, unless your are one of the bigger property tycoons in China, says China Rich List founder Rupert Hoogewerf in the Hong Kong Standard. “I am interested to know how they are going to spend the money.”Read More →
Wang Jianlin, chairman of the China Wanda Group, tops the 2015 Hurun Property Wealth List, with 120 billion yuan (US$18.9 billion) in real estate. Property tycoon have been doing really well, says Hurun founder Rupert Hoogewerf in the China Daily, despite the relative drop in China´s growth.Read More →
Now China is preparing for a new megacity, Jing-Jin-Ji, combining Beijing, Tianjin and Hebei, the neighboring provincial capital Baoding is hoping to ride on the bandwagon too. Journalist Ian Johnson visited Baoding for the New York Times and looks at its chances.Read More →
The observation might be shocking for Australians, but many Chinese find Sydney real estate cheap. Shanghai-based business analyst Shaun Rein explains why in the Daily Reckoning. Read More →
The Hurun Report analyzed eight major trends of Chinese investors into the UK. Its founder, Rupert Hoogewerf focuses on private investments, who dominate China´s outbound investments. Here´s Hoogewerf´s list of leading Chinese companies, for 4Hoteliers.Read More →
Brazil depends to a large degree on China´s demand for its ore. But that dependence is dangerous, economist Arthur Kroeber told a conference in the country. Demand will be high for the next five years, but then drop sharply, and cause trouble if Brazil has not diversified its economy.Read More →
Smaller developers are the first ones to feel the contraction of China´s real estate market, writes financial analyst Sara Hsu in the Diplomat. The US$23 million default of the Kaisa group might only be the beginning or more trouble.Read More →
Until last week both Jack Ma of Alibaba and Wang Jianlin were in the race to become the richest man in China in 2014. A poor IPO in Hong Kong spoiled his chances, explains China Rich List founder Rupert Hoogewerf, in the China Daily. But it is not the end of the game.Read More →