Jim Rogers warns that Shanghai, Hong Kong Property in Bubble

The Story of the The largest mall in the world. China's Commercial Real Estate in a Bubble ?!

In an interview in Bloomberg’s Singapore bureau on 19 January 2010 Investor Jim Rogers. ,though ultra bullish on China , he warned that real estate prices in Hong Kong and Shanghai are in bubble territory and 'should decline'. Efforts to restrain lending underscore the government's attempt to take 'some of the heat out of the economy', he said . The rest of the Chinese economy, however, is 'hardly in a bubble', he added.
four years after its construction, The largest mall in the world sits virtually empty of both shops and shoppers. But the Chinese have imported yet another concept familiar to Americans — South China Mall is considered too big to fail. So, employees line up for flag-raising ceremonies and pep talks about “brand building” before going off to maintain the deserted concourses meticulously