| 03.05.2011 - Hang Lung chairman Ronnie Chan says there isn’t a property bubble in China |
| Ronnie Chan, chairman of Hong Kong- based developer Hang Lung Properties Ltd., said “humongous demand” from consumers and action by the central government reduce the chance that China’s property market will collapse. Concerns over a real estate bubble are “total crap,” Chan said today at the Milken Institute Global Conference in Beverly Hills, California..............................................Full Article: Source |