3 ms·
>I think the fundamental reason this is happening is that the chinese do not trust their own gov't enough to store their assets in a more liquid form. Or, perha
by bogomipz 9y ago
>I think the fundamental reason this is happening is that the chinese do not trust their own gov't enough to store their assets in a more liquid form. Or, perhaps there's really no other forms of storage that's not risky."
Leaving your money in a bank, the most liquid way to store it provides almost no appreciation on that asset. I think the Chinese put their money into real-estate for the same reason other people do - because it's seen as a good investment:
http://www.globalpropertyguide.com/Asia/China http://www.globalpropertyguide.com/Asia/China