maybe Chanos, who is emerging as a vocal bear on China companies, needs to study the China internal reaction to property growth...
they have moved, as they were prior to the 2008 recession, to tighten speculative excesses in the middle to more affluent markets in China real estate...more along tightening was done in the past week or so...
China gov't planning for residential building now has been more targeted at getting more affordable housing built for the lower income population...
It appears that a lot of the money made off some questionable China companies listed in the US has been made by US promoters...And larger hasn't meant better...
There can always be a bad pear phone in the crate...LJ
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