…while price increases averaged between 18 and 20% year-on-year in China's biggest cities, in some parts of the country prices had risen by just 6%.
The word some in the above excerpt should be changed to most. Outside of Shanghai Beijing, Guangzhou, and possibly one or two other large cities, the real estate market is considerably more muted.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”