60 Minutes had a story on tonight about the probable real estate bubble in China. Because there are limited ways for the Chinese people to invest in the new economy, the govt decided to let people buy multiple apartment units. Unfortunately, that program was so successful that there are now "ghost cities", so called because they are completely built and sold apartment units but no one lives in them.
I would caution Solomon to tread lightly in any real estate projects. Probably a better idea would be to allow individual Chinese investors to buy a cow, have SIAF raise, slaughter and sell it, and have the investor participate in the profits.
