Scams aimed at expats in Shanghai/China

[Notes: This is an article quoted from Global Times website (click here for details). Expats often fall victims to such scams and deceptions. Very often, there is no way to recover your loss either because you don't even know where the bad guys are, or because it is such a small amount that you don't bother to find it back. Hower, in particular, I would like to draw

sell your real property in China before it is too late

vA piece of news run on Ifeng.com caught my attention but with no surprise.

According to the news, a dozen of American individual real estate investors are selling their hotel units bought six years ago. It made news because of its sensitivity in a time people are waiting to see where the Chinese property market is heading, or put it clearly how much the prices can…

property prices facing downward pressure in first-tiered cities

China property market is really facing a turning point now after so many years of government curbs round after round. Seeing that central government shows no sign of relenting restrictive policies, both real estate developpers and investors have been undergoing a painful psych change over the past of this year.

Not long before, there run an article on …

Heavy maze over house prices

News in the media has been divided in guesstimating where the house prices are going. Very often, good news and bad news appear on the same webpage, leaving readers in sway.

Confusion is thick especially in the residential property markets with transaction volume being reported to go down sharply in May which used to be a “red month” meaning golden…

SDRC new circular aiming to rein in fake investment

On July 8, 2008 the State Development and Reform Commission issued a circular, namely, Circular on Further Strengthening and Regulating Foreign Invested Project Management (“Circular”), in a bid to rein in the flood of speculative hot money into China by means of fake joint venture, submission of false total investment amount or setting up …