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SpinDistribute.com Article Directory

The following article was published in our article directory on October 20, 2010.
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Chinese People's Living Conditions

Article Category: Business

Author Name: xia zihui

The popularity of the real estate market will be lower in the short term, but the new rules will generate long-term potential impact, should not be blindly estimated. As an exception to adequate market liquidity, so the potential demand for the real estate market remains strong, especially for Shanghai this can pool the purchasing power of many areas around the city, even more so. "

These control measures on the price of geometry? United States, "International Financial Times," predicted that China's house prices to decline, this decline will not bring the real estate bubble burst or the economic collapse of the "end of scene", on the contrary, the Chinese economy will weather the housing decline. October 11, the S & P conducted a telephone survey revealed that the next 6 to 12 months, China's housing prices may drop 10%%, if the government continue to introduce more drastic measures may be decreased by 20%%, which carried the Dow Jones the reports.

British "Financial Times" Chinese net otherwise different views, comments, "said a new round of price control measures introduced before the time for the National Day, clearly shows the beginning of April this year, price control measures fail." Commented that Government regulation of prices on the poor accountability, no real practical.

The Associated Press the comments were that, due to heavy investment channels are limited, many Chinese urban families counting on the property through the purchase of many ways to get higher return on investment assets. After all, the money in the bank now can get interest, can be said to be minimal.

This seems to see the deeper problem: China's wealth increases, the number of billionaires increased household wealth is also increasing, in the case of poor investment channels, buy a house has become the most secure and high benefit option.

The amount of wealth in China how much? Credit Suisse, October 8 issued its first "Global Wealth Report", the report pointed out that China has become the world's third largest source of wealth, family wealth worth 16.5 trillion dollars, after the United States (54.6 trillion) and Japan (21 trillion). Credit Suisse believes that if this growth trend continues, total value of household wealth in China could rise to 111% in 2015 to 35 trillion dollars, surpassing Japan as the world's second largest country in household wealth.

4 days after the release of "2010 Hurun Report" shows that China has 875,000 new rich, their average age was 39 years old. The number of billionaires after the United States. In addition, China's richest woman is unmatched the world, the world's top 20 women on their own wealth to the rich, more than half of Chinese women.

Money to buy a house, because there are rooms have a home, in this context, overseas Chinese are no exception. "European Times" reported to the American continent from Europe, exhibitions at different sizes, often figures of Chinese buyers. Spain, Europe and China Network reported that, the data show that in 2009, the Spanish bank can not repay the loan recovery of the mortgage house, hundreds of sets are sold to the Chinese. In the U.S., Chinese has become the nation's fifth-largest buying groups. The number of Chinese have been accounted for foreigners to buy a house buy a house in the U.S. 5%, second only to Mexico, the United Kingdom, Canada, and Indian descent.

Relative to the house, the car is a fraction, has become "insignificant" and therefore not particularly foreign media attention on the automobile market. For China's car sales in September, Agence France-Presse just released a short message, said September auto sales in China increased by 16.9%%, while the Associated Press noted that the growth rate of China's auto market is slowing. In the short term, this is bad news for car manufacturers, but for the sustainable development of industry, there is no doubt a good thing.

Keywords: kitchen chair cushions,teak dining furniture,

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