c**i
发帖数: 6973 | 1 (1) Dexter Roberts, Mania on the Mainland; Think the U.S. real estate bubble
was bad? China's could be
worse. BusinessWeek, Dec. 30, 2010.
http://www.businessweek.com/magazine/content/10_02/b4162030091917.htm
("One difficulty in handicapping the likelihood of a nasty pullback is the
opacity of the data.")
Excerpt in the window of the print: Chinese who has the moneyare desperately
snapping up partments
for fear prices will rise further
Note:
(a) swing (vt): "to succeed in doing, making, or havin | c**i
发帖数: 6973 | 2 My comment:
(a) A developer, in conjunction with local authority, builds a new city on
desert. By and of itself, this is not
necessarily a bad thing. In US, many cities in the West arose--and are still
arising--from deserts (Las Vegas
being the most notable), and many in Eastern Seaboard and florida from
reclaimed swamps. But it is
environmentally costly. California and the rest of the West are still
parching, despite damming and diversion
of Colorado River. See Engineering section of
Colorado R |
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