Managing The Dragon

With a dismal May jobs report in the United States, analysts are looking at the fiscal turmoil in Europe and a slowdown in China and seeing little signs of hope. There is little question that growth in China is slowing. The Chinese economy grew at 10.4 percent in 2010; 9.2 percent in 2011; and consensus [...]

According to a CNBC report: A senior International Monetary Fund official said on Monday that China was taking steps to reduce property bubble risks and said it has room to add fiscal stimulus if conditions worsen. “China can move away from its reliance on external demand and needs to build up domestic demand,” said Anoop [...]

In response to our recent post on the Chinese economy,  a reader asked the following: Jack, good summary. Do you have an opinion on the housing bubble? Gordon Chang last month said “Residential property prices are in freefall in China . . . .” Good question. There certainly has been a great deal of commentary [...]

Is now a good time to consider investing in China real estate? China’s national statistics bureau recently released data showing that prices for new homes in the 70 Chinese cities that it monitors dipped by an average 0.15 percent month-on-month in October. The trend seems to be clear, with housing prices falling in 34 of [...]

At a time when investors like James Chanos, CEO of New York City-based Kynikos Associates, is short China and China real estate because of his belief that, “China has been relying on a property bubble to spur its GDP growth,” savvy real estate investors are pouring money into China’s property market. Why the disconnect? There are [...]

James Chanos, the founder of hedge fund Kynikos Associates and the man who predicted the fall of Enron, is a very vocal bear on China’s property market. In April, 2010, Chanos was quoted as saying that China is “on a treadmill to hell…. is Dubai times 1000. They can’t afford to get off this heroin [...]

In the mid-1990s, I was frequently asked whether I thought that China would break apart into a number of separate, individual countries. That’s because China bears at the time warned that China was not one country, but many different countries, and that the bonds binding the whole lot together were thin. In their view, China [...]

There is only one renewable energy source capable of providing the power this planet needs on a scale that will meaningfully reduce CO2 emissions over the coming century: Solar power. To many, this statement may seem a bit out-of-step with current market trends. The current rage is of course wind power. Companies across the globe [...]

After news was released that housing prices in Shenzhen andGuangzhou dropped in the first 11 months of 2007, a flurry of articles have been released about the issue.  Some reports, such as this article in the International Herald Tribune, see it as a sign that the entire Chinese housing market is slowing.  But, the article [...]

As Steve Dickinson very concisely summarizes in this recent post on China Law Blog, the government is actively expanding their control over foreign investment in China’s real estate market. That isn’t to say that real estate is completely off limits for foreign players, but rather that the Central Government has put themselves in a position [...]