| 18 World Bank's China Quarterly Update released, | | | | The Bank also believes that the current real |
| especially on the Chinese real estate bubble and | | | | estate data quality is poor, resulting in the Chinese |
| the local financial constraints warned. The Bank | | | | real estate prices are overvalued and the likelihood |
| believes that the potential performance of the | | | | of falling prices is not clear, housing affordability, |
| real estate bubble asset price crisis is perhaps the | | | | that is price earnings ratio, is not clear. This is |
| large monetary stimulus policies in China after one | | | | leading to the government's macro |
| of the biggest macroeconomic risks. | | | | decision-making can not touch the bottom in real |
| In the afternoon, the SAC announced that 78 | | | | terms. |
| central enterprises will be out of real estate | | | | Most Chinese cities are urgently needed new |
| business, spin being viewed by the SASAC for | | | | housing and public infrastructure. Old City is |
| the central enterprises to take to tide response. | | | | gradually advancing, the new city is rising, the |
| Enron to make huge profits have short hedge | | | | traffic control network is gradually improving. |
| fund manager Jim? Xianuo Si is that China is a | | | | Whether the needs of affluent residents live |
| bigger bubble to be burst. | | | | upgrade, or the protection of the urban poor |
| World Bank warned that the real estate | | | | housing, or the mass migration of the rural |
| companies and banks in many portfolio accounted | | | | population into the city's temporary shelter, |
| for a significant proportion of the land and local | | | | needed to supply a large number of buildings. |
| governments rely heavily on transfer income, if | | | | Large population base, hurricane advance of |
| the real estate decline will place all the financial and | | | | large-scale urbanization movement, the internal |
| overall economic growth will be very significant | | | | needs of the market transition, the political drive |
| impact. | | | | curing social wealth, plain married and dreams of |
| Hanwei Sen, chief economist at the World Bank | | | | so-called rigid requirements to support the real |
| China Office, said: "We expect GDP growth of | | | | estate market heating up again. |
| 9.5% this year, but growth there will be changes | | | | McKinsey Global Institute (McKinseyInstitute) the |
| in the structure. The Government-led investment | | | | pace of urbanization in the mode of writing with |
| will certainly slow down, but exports are likely to | | | | the most comprehensive report, by 2030, China's |
| rebound and as the global economy continue to | | | | urban population may be nearly 400 million, 10 |
| rise, real estate is likely to continue strong growth | | | | million people. China still needs a lot of roads, |
| this year, consumption will remain strong. " | | | | bridges, particularly housing?? This is the long-term |
| As ceramics are closely related with the real | | | | investment boom in China will not bust the reason |
| estate industry should be careful to respond to | | | | why. |
| this message. Ceramic industry in 2009 after the | | | | It is this great and sweet cake, so that almost all |
| first cold-hot, in fact a true reflection of China's | | | | the businesses involved have no time to wipe the |
| real estate industry. Since 2005, the national | | | | mouth of the cream, more accustomed to by |
| macro-control for the real estate market since | | | | throwing money to "solve" the problem, rather |
| the price has been in a grasp on the death and | | | | than the more difficult structural adjustment |
| disorder in embarrassing situations. | | | | reforms or technical innovation . "A championship |
| Rapid growth in China, a country with the | | | | team is no need to change" the law of this |
| economic reform and development, resource | | | | popular football, been given over-quoted business. |
| prices, income levels and other necessary | | | | Simply by the investment-driven growth is |
| adjustments occur, certainly more frequently. For | | | | undoubtedly inefficient, high-risk. So whether it is |
| today's soaring real estate market is optimistic | | | | frequently created by the first-tier cities, "sites", |
| even then people do not ever have expected. But | | | | or ceramic investors continually refresh the record |
| for those who continue to sing the air of an | | | | of the kiln line, are worthy of vigilance and |
| expert, rather than ridicule the theory of | | | | attention. Look at this situation from all the big |
| bankruptcy, as sooner or later come as a | | | | cities of the real estate market is already running |
| wake-up call. | | | | at a high level, but the construction of cities and |
| Development will cover a lot of problems. As | | | | towns are in the ascendant. Precautions, |
| early as three years ago, the real estate sector | | | | recommended ceramics enterprises should seize |
| will be well-known curator Wang Chih-kang real | | | | the time to market deepening, sinking to gather |
| estate sector should collectively shouted "look for | | | | more migration of the population in rural and small |
| the soul", to suspend the fast-growing pace, slow | | | | towns, to guard against risk. |
| breath before the line under the direction of | | | | Even this appeal, the ceramic industry should |
| thinking. There are some well-known real estate | | | | abandon the sectarianism of the refinement and |
| commentators as "black light index" to determine | | | | strengthening of data-depth study of, and |
| the real estate sector, the vacancy rate has | | | | authority of the reasonable sharing of the |
| reached an alarming level. But whatever the | | | | platform, good for business development and |
| experts can not come up with convincing data | | | | strategic decision-making provide a more detailed |
| and models to illustrate the problem. | | | | and reliable reference. |