Maybe these empty apartments will be used to house the 400m rural people being moved to cities in the next 20 years. But NOT at 45 times the annual income. So there is bound to be a massive devaluation. That in turn could lead to massive dis-satisfaction by the ‘upper’ middle class onwers of these empty flats, which in turn …
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aims to alert you to the threats and opportunities that China and India present. China and India require serious attention; case of ‘hidden dragon and crouching tiger’.
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