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China housing bubble Is “over”, says Jim Rogers

Posted on 10 April 2012

The housing bubble in China is over, says Singapore based investment guru Jim Rogers in an article published in China Daily last week. “There has been a bubble in the Chinese property market which is now over,” he was quoted saying in an exclusive interview with the paper. “It’s always right to follow what the government does, so look at the Five-Year Plan (2011-15) to see where the government’s sympathy lies,” said Rogers.
Those sympathies lie with new value added technologies like biotech, and building up the municipalities in the interior of China, and — more importantly — building China’s social safety net to help an aging population stay out of poverty………………………………………..Full Article: Source


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