Zhang Xin

with Zhang Xin
in Business
on Tuesday, December 13, 2011 * * * * *

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Zhang Xin, CEO of SOHO China, one of the country's largest real estate developers

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Keywords:
real estate
Asia
China
Beijing

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  • Comments 12
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    1. vongleichent  02/07/2012 09:29 AM Report

      Coastal China has created a huge bubble, and it is just a matter of time when that one is going to burst. Just think of the ghost towns.

    2. anne4444  12/29/2011 01:11 PM Report

      Sounds odd, think different, but true:

      The total vibration level of all human souls on earth will affect the humanity of our universe. It is the time for all individual on earth to take his/her responsibility and liberate his/her own soul towards higher frequency vibration of love and compassion.

      Please do not trap your soul into low frequency vibration of money, justice, power, fame fear and any other things.

      Please help yourself with liberation towards higher frequency of love and compassion, you will help us all. At end, we are all together as one earth with one vibration. The total vibration level of all souls on earth needs to match the new level vibration of earth in order for us to move forward.

      It is the time for government to provide basic needs of individual to avoid the trap of soul.

      It is the time for any intelligent men/women to find some ways or means to help lift human soul.

      It is the time for us to watch movies, which make our heart melt with love. (any movies promote fear shall be banned).

      It is the time for us to listen music which shakes our souls to higher vibration.

      It is the time for us to make love with our loved one with great orgasm.

      It is the time for us to do something to help all being on earth with great passion and deep love towards others.

      It is the time for us to respect/honor all lives on earth through love and compassion.

      It is the time for us to do anything without excuse to liberate our souls toward love and compassion.

      WE CAN DO IT, WE MUST DO IT AND WE WILL DO IT. Our souls will vibrate very high. They will nurture our mother earth and whole universe instead of distressing them.

    3. bobdoe  12/16/2011 08:25 AM Report

      Does Charlie realize he is interviewing a woman who thinks government subsided housing for the poor is ruining the Chinese real estate industry?

      Her shameless self-interested remarks can only reflect badly on the Chinese rich.

    4. Gelles  12/15/2011 05:14 AM Report

      Real estate economics, which includes a simple starting point of supply and demand, can be studied much further when engineering and construction of sky scrapers, office towers, and other great projects, enter our field of view. I do not want to venture there at the moment.

      It is Chinese export of cars, electronics, major appliances, toys, food and consumables, that challenges their targeted nations to find answers to questions of global wages, prices, and growth, etc.

      Inside the box is money, as we know it, based on debt and export prices, and the history of recent trade wars and the world war they threaten, that focus the mind to find solutions.

      Zhang Xin sees volatility in global demand as a force that can unsettle growth and progress toward win-win results. And she generally sees government monopolies in business as a bad thing if we want global trade and investment to flower in the sun of mild inflation.

      Deflation in real estate values is a knock-out blow none of us are dealing with directly: Real estate abandoned is a frightful scene.

      On the other hand, real estate invites national, regional and urban planning. It invites transportation by river and canal, by rail, highway, and farm to market roads. It invites mountains, valleys, lakes, farms, factories, and food, to get organized and perform over centuries and millennia.

      Great tombs were built by slaves. Great cities are being built by wage and salary workforces. Often by trained cadres imported for the job.

      It seems to go without saying: real estate's real successes are possible only when partnerships between government and private interests work together. When they are harnessed, we can overcome deflation and inflation that may challenge completions and profitable end use the same way we will have to do this guide global trade to move in the right direction.

      To be specific, train the engineers and architects; train the hard-hats in their scores of crafts and million skills; print the money; and occupy your time with work. Plan for earthquake, flood, and storm, fire, pest and vermin. Plan for all to be done and all to be avoided. And be prepared for a change in purpose centuries of use will require.

    5. Harryj  12/15/2011 04:32 AM Report

      China=(Moral Hazard*1.2 billion)

    6. SharkswithfrikingLazers  12/15/2011 02:17 AM Report

      She tells us the Chinese government is now facing great complexities that outpace their abilities.

      What are these complexities and what abilities are necessary?

      In the US we have those who would game the complexities at the expense of the rest of the citizens (CDS, CDO). Then to throw salt into the wound, they make sure the government does not have the ability to do the repairs (bank lobbyists watering down Dodd-Frank).

    7. SharkswithfrikingLazers  12/15/2011 02:09 AM Report

      She tells us that she builds office space and demand is strong. Internet, trading, private equity are the categories for the typical smaller tenants for the office space.

      If you buy an office in Beijing or Shanghai you get about a seven to eight percent return.

      This sounds nice compared to what I get in the S&P 500 or at a bank.

      Is the risk also very low with the government controlling the market?

    8. SharkswithfrikingLazers  12/15/2011 02:04 AM Report

      She says in her 16 years of experience this year is the most challenging.

      Did the government's austerity measures help the country overall, even when it seemed to benefit the low income group the most?

      Was the government enforcing regulation of the real estate market or de facto socialism?

      This looks like a good comparison/contrast issue: Japan, China and the US. How they each dealt with real estate issues and their effects.

    9. SharkswithfrikingLazers  12/15/2011 01:56 AM Report

      She says in Africa there are many Chinese.

      So how are the Chinese different from colonialists in Africa?

    10. OLAN  12/14/2011 05:30 PM Report

      Only God can solve Communist problems. Judeo-Christian culture believes that man is made in the image and likeness of God. The gifts of His Spirits are wisdom, understanding, counsel, fortitude, knowledge, piety and a sense of awe and wonder. The fruits are charity, joy, peace, patience, kindness, goodness, generosity, gentleness, faithfulness, modesty, self-control and chastity. They are the desire of human hearts.

      God solves these problems partly through the goodness and kindness of people and systems that have these attributes, whether they know it themselves or not.

      Despite the whole Chinese culture being turned upside down, Communists in their humility would know the above as a fact.

      The Good News is at least one billion Christians have from the dawn of Communism been praying for the Communists, despite all that they have done. Life does not have to be so hard if we are truly humble and go by the teachings of Christ.

    11. finalfantasytown  12/14/2011 11:19 AM Report

      So magic eyes. the real estate. I scare to look at them.

      Gelles~

      You remember the questions you asked in the comment of Matthew Dowd interview. They cannot be two things. No matter what you told them, they are in their own way, the direction into fossil. In mythology, anyone become stone when seeing the eyes of Medusa. Does the whole place look like dinosaur from sky?

    12. REMant  12/14/2011 10:57 AM Report

      Well, the problem with real estate is that while it is the foundation for political freedom, by itself it is a definite drag on economic growth, which depends on technology and social more than physical factors, and is why land banks were rarely successful. If the banking sector attempts artificially to boost the latter, the money is apt instead to be put into former, inflating its price. The result is not only detrimental in the long run, but also to increase in the short term the disparity of wealth and the prices of allied goods and particularly services. At some point this is likely to lead to a market crash. And all of this is bound to work against the liberalization of trade. One might call it the paradox of credit. A Keynesian policy of this sort, which attempts essentially to push problems undo foreign countries and future generations is particularly unapt for China. Not only does China face inflation and declining European and American demand, but also, because of its one-child policy, an unnaturally aging population. In addition, while one would expect population to decline as real wealth increases, and maintain equilibrium otherwise, as societies grow poorer the tendency is to have more children until some crisis point in reached, again made more precipitous by attempts at social insurance.