Did you miss the part Xin, after it was saying the ghost city was all sold, that all the properties are sitting empty with no buyers to sell to or to lease to.. In the meantime In the meantime debt is going up at a much faster rate. I hope all those windows are sealed.
All I can say is that all chinese stocks will suffer tomorrow if there is a real fear that China is going to have an economic meltdown any time soon. Besides, XIN is moving it's market into the United States as is Vanke. That should be a nice cushion once they become established.
'XIN is moving it's market '. Is that with the financial backing of the Beijing Municipal government?
Yeah, the Us is dumb enough to let that happen. I'm surprised the politicians don't just hand the whole
country over to China.