02.06.2011 - Chinese housing inventories are rising
Standard Chartered are on the ball as ever when it comes to developments in the Chinese real-estate market. In their latest note they warn about the scale of possible over-supply that’s set to hit the market. Standard Chartered are actually being very level-headed. Sales of new apartments may be down, but the analysts — Lan Shen, Stephen Green, Li Wei — emphasise that these sales do come against an extremely robust performance in the second half of 2010..............................................Full Article: Source
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