A lot of hype about China. Everyone is yelling, "After Rome, England, now America, next one will be China!"
Can this really become true?
Cash buying properties, including residential, and enterprises .... for example, bay area houses, AMC, and other companies .... obviously, some of those assets are way over valued ... which locals won't buy especially for the residential houses.
Besides, Chinese people have different ways to acquire wealth, for small group of population, which can be huge due to the base of its population... so the number can be huge!
Where did all those money come from? Its answer will answer the question of "is china the next one?"
Can this really become true?
Cash buying properties, including residential, and enterprises .... for example, bay area houses, AMC, and other companies .... obviously, some of those assets are way over valued ... which locals won't buy especially for the residential houses.
Besides, Chinese people have different ways to acquire wealth, for small group of population, which can be huge due to the base of its population... so the number can be huge!
Where did all those money come from? Its answer will answer the question of "is china the next one?"
