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OMG.... HK SCMP say Tiongkok Good Old Days are not coming back?

Temasek rushing in to throw money at rotten corrupt State owned enterprises ?
 

Singapore's CapitaLand bets $1bn on China's real estate​

State-backed firm targets commercial properties and data centers
https%253A%252F%252Fcms-image-bucket-production-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com%252Fimages%252F4%252F3%252F5%252F9%252F44529534-3-eng-GB%252FCropped-1677168079photo_SXM2023022300004861.jpg

A commercial building in Beijing that a CapitaLand fund has invested in will be remodeled into a luxury office building.

(Photo courtesy of CapitaLand)
MAYUKO TANI, Nikkei staff writerFebruary 24, 2023 01:14 JST

SINGAPORE -- CapitaLand Investment, Singapore's government-backed property portfolio manager, has launched two funds worth more than 1.6 billion Singaporean dollars ($1.1 billion) in equity, banking on a strong rebound of China's real estate market from zero-COVID lull.

One of the funds, worth SG$1.1 billion, will invest in office space and commercial real estate in China, the group said Thursday. The vehicle will focus on properties relinquished by financially distressed companies.
Yes. Punting and betting, that is what they do with our moneys. :mad:
 
China's real estate will face decades of downhill from now on. Japan is already a very good example since the 90s. Only lately (a good 25 years later), is Japan starting to pick up its pieces again.

Report: China Could See Biggest Millionaire Outflow:​

Singapore is named the 3rd destination for the rich Tiongs, but I suspect is only as a "stepping stone" for them. Tiongs are too cunning.​

Winnie is the cause and must be executed.​


 
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Biggest culprit of China's demise is actually XJP
 
China's real estate will face decades of downhill from now on. Japan is already a very good example since the 90s. Only lately (a good 25 years later), is Japan starting to pick up its pieces again.

Report: China Could See Biggest Millionaire Outflow:​

Singapore is named the 3rd destination for the rich Tiongs, but I suspect is only as a "stepping stone" for them. Tiongs are too cunning.​

Winnie is the cause and must be executed.​



Eh... blue camel face.... mai gong lanjiao wei
 
Xi jinping single handedly destroyed world's embrace of china and turning it into a communist state agaiin.
 
Even the ah nehs are wising up to China's bullshit. :biggrin:

 
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