China Now Looks Like The US Before Great Depression

To supply foreign countries with the dollars needed to purchase American exports, the United States government decided, not sensibly to lower tariffs, but instead to promote cheap money at home, thus stimulating foreign borrowing and checking the gold inflow from abroad. Consequently, the resumption of American inflation on a grand scale in 1924 set off … Continue reading

EIU is optimistic about China Real Estate

EIU has an optimistic call on China real estate. Despite being more well-housed that it predicts at its income level, the EIU expects any correction of the property market will only be short-lived because the big trend of urbanisation will be intact, and income growth will be strong for the next decade or so. This … Continue reading