Monday, August 30, 2010

Taking off the gloves for a bearish Andy Xie - Shaun Rein

Shaun2Shaun Rein by Fantake via Flickr
Is there a bubble in China's real estate. Yes says independent analyst Andy Xie, but our Shaun Rein takes on that assumption. When 60 percent of the apartments in Beijing are paid for in cash, there is no bubble, he tells CNBC. Both opponents are going to cross swords later this week at CNBC.
Also, more on Shaun Rein bearish predictions for the four state-owned banks like the AgBank, who announced sky-high profits last week.

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Shaun Rein is a speaker at the China Speakers Bureau. When you need him at your meeting or conference, do get in touch.


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