Within the investment data, government-sponsored infrastructure investment projects are in full swing. But the real story is the sharp rebound in the real-estate sector. The rise of property prices in second-tier cities has now evolved into a national event.
More Quotes from Dong Tao:
Will the government really hit the brakes I doubt it. Much of the investment is following government instructions. It's in second- and third-tier cities. This is what the government wants. They've regained solid control over inflation.Dong Tao
This is a day for celebration. But tomorrow when Hong Kong wakes up, it will still face structural challenges.
Dong Tao
The austerity program ... slowed bank loans and undermined the cash flows of weak developers. However, it did not do much to halt domestic hot money, which appears to be returning in full swing.
Dong Tao
The Taiwan issue is miles ahead of any other agenda, as far as China is concerned. A reiteration of the one-China policy would be the minimum expectation from China. Any comments against the current movement would be considered a breakthrough.
Dong Tao
In the past, it's a window to raise funds for Chinese companies. And, in the future, it might also be itself a destination for Chinese money abroad.
Dong Tao
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Based on Topics: Investment Quotes, Property QuotesBased on Keywords: government-sponsored, second-tier
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