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You can get a hint of what is happening by looking at the countries around China. South Korea real estate prices are back up to where they were before the crash
by johnl 17y ago
You can get a hint of what is happening by looking at the countries around China. South Korea real estate prices are
back up to where they were before the crash, Australia has
had to raise interest rates to cool down their economy. There
is even talk the Japan might be coming out of it's funk. With
that type of growth China's books have to be pretty messy, but I don't think they are blowing smoke.
- boredguy8 17y agoWhy is that at all true? Seems equally as likely the growth of surrounding economies could be the result of Chinese regional spending and an indicator of financial mismanagement as it is an indicator of some underlying health.
- evgen 17y agoIt is worth considering that if you are inside China and sitting on a pile of money from foreign trade over the past few years the best place to put that money if you think things are going to go south is probably somewhere outside the country. Buy foreign real estate and equities while you can but make your purchases in places that you can easily visit/check-out/escape-to...