We all hear of the lockdown by the Chinese government on money leaving the country coupled by the tumbling of the Chinese real estate market.
But what needs to be done? Or rather, what should be done?
This short video report courtesy of the Financial Times
I smell a business opportunity coming, one that is already adopted by many many Chinese developers no doubt. Perhaps this pattern can be seen in emerging markets as well.
A personal favourite of mine is South East Asia; we also see the growth of the middle class in these countries and with the increasing (at least seemingly) political stability (as well as pro-democratic business-friendly policies) foreign investers may gain more confidence in the markets.
2013 is going to be a very interesting year not only for our very own market here in Vancouver (I love start-ups!), but also on a global scale. New Chinese government, four more years of Obamarama, new Korean leadership (congratulations to Korea's first female president!), and so on. Happy holidays!