Xiaolin Chen, head of international at KraneShares, says China’s real estate sector is in need of consolidation.
China’s property sector won’t be a wealth creator moving forward, says KraneShares
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Xiaolin Chen, head of international at KraneShares, says China’s real estate sector is in need of consolidation.
Wealth creator? 😂what they ate must spit out, modern Chinese proverb
Houses are for accommodation, not for investment. This has entered the mind of the investors.
EVs and batteries will replace real estate as China’s wealth creator.
Talking bou wealth creation, H hydrogen is the most widely available energy source, yet very few products utilize this
No more bus loads of Chinese tourist buying expensive designer bags ( which doesn’t improve the lives of the chinese people or country ).
China need to get back to basic.
Work hard and earn monies.
No more free and cheap monies.
Property prices will be reasonable going forward.
It will be for living and not speculation.
China doesn’t want rent seekers