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  • November 1, 2014
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  1. Shanghai kick-starts building projects

    Posted Nov 05th 2003, 12:00am by Bill Savadove

    ... Ching-ngai scandal, restarting construction of buildings abandoned because of financial problems and introducing policies to make housing more affordable. The arrest of the property tycoon this year ... in preparation for construction. Overdue property loans are a major source of bad assets in the mainland's banking system. Shanghai officials deny the city's property market is facing a bubble ...

  2. Dubai an example of a construction investment bubble

    Posted Jul 01st 2010, 12:00am by Jake Van Der Kamp

    ... This is no surprise. The surprising part is that Sheikh Mohammed bin Rashid al-Maktoum of Dubai thinks the collapse of his delusionary bubble was just a little hiccup in the process of blowing the bubble out ... them our bubbles grow too big and then the bubble blowers are also wiped out when they pop. I don't think that Sheikh Mohammed is really in control of what happens in Dubai. It was mostly ...

  3. Most Hongkongers want small-house policy scrapped as soon as possible

    Posted Jun 25th 2012, 12:00am

    ... The review of the 1972 small-house policy is long overdue. Minor changes were made in 1987, following an Audit Commission report highlighting abuses. Court cases show that sham development agreements continue unabated. In 2002, the then housing, planning and lands secretary, Michael Suen Ming-yeung, promised a Legco committee he would complete a review of the policy after another ...

  4. Wenzhou investment boost for HK

    Posted Apr 07th 2012, 12:00am

    ... complaints about high property prices in the city. Newly elected chief executive Leung pledged to his supporters that he would help cool off a potential asset bubble and create more affordable ... chief economist for Greater China at Australian bank ANZ, believed the new investment rules for Wenzhou residents would bring in fresh capital inflow in both the equity and housing markets ...

  5. Smart Money

    Posted Jun 20th 2011, 12:00am

    ... commentary on breaking economic data. While news agencies fuss over their angle, and the banks parse data to come to an accepted house consensus, Zero Hedge will just put it out there. It also ... showcase cities, which it suggests contains 64 million vacant apartments. The message is that the mainland is on the cusp of a huge property bubble. The larger message is about the dangerous ...

  6. Beijing likely to ease housing policy next year

    Posted Dec 13th 2011, 12:00am

    ... Lulu Chen lulu.chen@scmp.com Beijing will likely ease its housing policy in the second quarter of next year to prevent a wave of real-estate bankruptcies, Standard Chartered Bank analysts say yesterday. The forecasts follow Beijing's reiteration last week that it would maintain its 'unswerving stance' on regulation of the property market to make housing prices ...

  7. Tourism industry has to put its house in order

    Posted Jul 27th 2010, 12:00am by Staff Reporter

    ... is depending on tourism to help drive future economic development. But surely the industry must get the message about the need to put its own house in order. Tours are being underpriced to meet ...

  8. Hullett House

    Posted Jun 19th 2010, 12:00am by Robin Lynam

    ... Robin Lynam A new hotel in one of Hong Kong's oldest buildings, Hullett House's facilities include five restaurants. These opened late last year, but it took several more months ... an area of Hong Kong's coast, reflecting the complex's former role as the Marine Police headquarters. Designer David Yeo, of the Aqua restaurant group, which manages Hullett House, took ...

  9. Beijing's pleasure houses closed in big police crackdown

    Posted May 14th 2010, 12:00am by Staff Reporter

    ... media yesterday. The Passion Club is well known as one of the most prestigious pleasure houses popular among the rich and the powerful. It used to be owned by flamboyant mainland businessman Qin ...

  10. The House of Wisdom

    Posted Mar 21st 2010, 12:00am by Charmaine Chan

    ... Charmaine Chan The House of Wisdom by Jonathan Lyons Bloomsbury, HK$121 Sometimes this book just tries too hard. In showing how Arab thinkers changed Europe and the debt that is largely ... at0 that legacy: we can thank the Arabs for everything from artichokes to algebra (even, apparently, Morris folk dance, a corruption of Moorish dancing). In The House of Wisdom, the author ...




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