Mark Tinker, chief investment officer and managing director at ToscaFund Hong Kong, says the West "spent years assuming that China was just another emerging ...
Chinese real estate and equity markets are faring bad but the economy's doing well. Western heads are exploding in real time since this is supposed to be impossible. It's been a real joy to watch tbh.
Watching Chinese petite bourgeoisie cry over the Shanghai Stock Exchange has been a pleasure as well.
That's because real estate markets do well when housing prices are high which is the exact opposite of what you should have in an economy that serves the people.
Chinese real estate and equity markets are faring bad but the economy's doing well. Western heads are exploding in real time since this is supposed to be impossible. It's been a real joy to watch tbh.
Watching Chinese petite bourgeoisie cry over the Shanghai Stock Exchange has been a pleasure as well.
That's because real estate markets do well when housing prices are high which is the exact opposite of what you should have in an economy that serves the people.