Wed, Sep 24, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

China expert optimistic about country’s handling of future challenges

Monday, June 16, 2014

amb
Stuart Leckie
Benedicte Gravrand, Opalesque Geneva:

Stuart Leckie is Chairman of Stirling Finance, an independent research and consulting firm based in Hong Kong and the author of books titled "Pension Funds in China" and "Investment Funds in China". He recently talked with Sona Blessing on Opalesque Radio about China’s financial stability and real estate market and said he is optimistic about China’s handling of future challenges.

Property prices and bubbles He does not think China’s stability hinges on increasing property prices. Although the government is concerned that this is going too fast, that there may be some bubble farming in some cities and they have to find a way to gently deflate the bubbles rather than risk a bust.

There are indeed indicators that suggest that increasing real estate prices may no longer be sustainable, but it is difficult to talk about China as a whole, he adds. One the one hand, there are cities like Beijing, Shanghai, etc. with around 20 million people each; on the other hand there are the tiers-two cities, with a population of around 10 million each. Then there are other tiers-three and tiers-four cities that have a population of around a million.

"China’s got a very long term organizational program, where it wants to get people from the countryside to work in the cities," he explains. "So long term, there is going to be a huge demand, a huge need for more housing in......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Outlook - Julian Robertson: There are two bubbles that can bite us[more]

    From Businessinsider.com: Legendary hedge fund manager Julian Robertson gave a warning about two bubbles that could "bite us" at Bloomberg Market's Most Influential Summit. "I agree with the fact that the economy is definitely getting better. I think the cause of that is two bubbles that will

  3. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  4. Institutions - North Carolina workers call on state pension to dump up to $6bn in hedge funds, UK pension fund criticizes hedge fund fees[more]

    North Carolina workers call on state pension to dump up to $6bn in hedge funds From Forbes.com: The State Employees Association of North Carolina this afternoon called on state Treasurer Janet Cowell to withdraw all investments in hedge funds, which appear to amount to approximately $6 b

  5. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e