China's corruption and fakery is now worldwide knowledge. It's blowing up in China's face as we speak.
Nobody will want to do business with China in the future, not even the Chinese.
The tide has turned for China, it's on the way down.
I lived in Kunming since 2007 while keeping a keen eye on weather paterns because of my work is directly related, paragliding.
central Yunnan is very unique in it's weather trends and can switch from a dry period to a wet period quite rapidly depending what happens in Tibet to the north.
Dali prefecture(not old town) and Lijiang can be very dry while kunming can be wet..
spring 2015 was very dry in Dali/Lijiang.
Presently housing developments are way overvalued.
The results from constrution companies bidding to get a certain plot of land and the increased cost passed on to the consumer/ end buyer/ leasee.
The increase in housing cost is not a result of demand however the investors and speculators blindly dive in.
what will happen when the trend starts downward??? the speculators get out (cash in) untill the trend goes up again
It's a clasic bubble.
In my opinion the ongoing / deepening western crisis will be the trigger, when the sovereign debts cant be repaid ( Greece ) the lenders holdings will be devalued.
the only way china can get away from it is time, presently china is amassing vast amounts of gold....the next world currency this will be the buffer to devaluation.
Went the other night, it was very late therefore I cant coment on the food but it did smell very good..
Cozy atmosphere and very friendly host.
Will return again now that it's found!
Kunming pursuing closer ties with Nepal
发布者Paraglide Yunnan will be going to Nepal in the first weeks of March 2011. Paraglide Yunnan has a sister club in Pokhara.
for details contact Mike, mike4g_air@yahoo.ca
No paraglider experience is required, just healthy.
Kunming sets GDP growth record in first half of 2010
发布者Presently housing developments are way overvalued.
The results from constrution companies bidding to get a certain plot of land and the increased cost passed on to the consumer/ end buyer/ leasee.
The increase in housing cost is not a result of demand however the investors and speculators blindly dive in.
what will happen when the trend starts downward??? the speculators get out (cash in) untill the trend goes up again
It's a clasic bubble.
In my opinion the ongoing / deepening western crisis will be the trigger, when the sovereign debts cant be repaid ( Greece ) the lenders holdings will be devalued.
the only way china can get away from it is time, presently china is amassing vast amounts of gold....the next world currency this will be the buffer to devaluation.
Old Kunming: Eastern and Western Pagodas
发布者Bravo for publishing such interesting articles.