China's emphasis will change from real estate to tech, says Mark Mobius

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Mobius sounds like a vampire folktale from the 12th century, guy fits the look too

IproPvP
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And sell it to who. They arent gonna be allow to sell it the US or Europe. Ask huawei. That if the government doesnt kneecap it like last time. And it won't employee as much as real estate.

WorldIsWierd
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80% of Chinese own their home without any mortgage. Falling property prices make then feel poorer but that's very different from the West where most property owners have a mortgage.

coventgarden
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So by focusing on tech the real estate meltdown will go away? What an ignorant Mr. Mobius is.

capitocapital
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THE WEST WAS EXPECTING CHINA TO CRANK UP THEIR ECONOMY ONCE AGAIN, AND SAVE THE GLOBAL ECONOMY LIKE THEY DID IN 2008. THE WEST AS ALWAYS KEEPS THERE RECKLESS CASINO CAPITALISM SPENDING GOING ON .OUR GOVERNMENT DEBT IS 32 TRILLION AND CLIMBING. CHINA IS NOT GOING TO SAVE THE WEST THIS TIME AROUND.

thomasrogers