TITLE

Ponzi in Peking

AUTHOR(S)
Epstein, Gady
PUB. DATE
January 2010
SOURCE
Forbes Asia;Jan2010, Vol. 6 Issue 1, p54
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article offers information on the economic development of China. Growth in several industries in the country is visible considering the capital raised from the purchase of land, the financial support of the government to firms and the liquidity provided by the People's Bank of China. It is stated that real estate developers have benefited from the low interest rates and the inflation. Several towers and luxury malls which are available for rent are also constructed.
ACCESSION #
47798669

 

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