China: WILL CHINESE REAL ESTATE ACQUISITIONS TRIGGER POPULIST PUSHBACK?
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It’s no secret that Chinese investment capital has been the driver of huge growth in several major global cities. But, as history tells us, what that prominence means is that the backlash may be about to start. Name a country, and any influx of foreign capital that gains any appreciable notice generates resentment. Whether it’s the United States, Japan, Australia, Germany or even China, fear of the “other” and anger at rising prices that may price-out locals inevitably rears its head, with a largely verbal backlash a common result of any heavy investment. Read more on: www.mingtiandi.com
Source : China: WILL CHINESE REAL ESTATE ACQUISITIONS TRIGGER POPULIST PUSHBACK?