Catching Mario's Interview on Bloomberg Television Later This Week
Having seen the Hainan property story on the front page of Dow Jones’ MarketWatch website a couple of weeks back, we realize Hainan is now mainstream news and I was pleased to receive another media invitation, this time for an interview with Bloomberg Television, which will air worldwide later this week…yea, mom and dad have beaming smiles. I’ll be sure to place the link to the story on the site here as soon as I receive it from Zeb Eckert, the lead reporter who flew into Hainan for the story and did a great job catching the key points.
The essence of my conversation with Mr. Eckert helps everyone to recognize that because of the “unexpected beyond unexpected” speculative spike in property prices which occurred the 2nd week of January, Hainan has become the latest lightning rod representing the story of property value increases throughout China. Shanghai was the first major market to get the attention during the past 2 years, followed more so in 2009 by Guangzhou, Shenzhen and Beijing whose markets increased even more than Shanghai during 2009.
Other second tier markets have certainly also experienced the same level of increases. Zhuhai, for example, and many others but none with more attention than Hainan because of its singular and unique status as China’s only true tropical island destination followed by the outrageous speculative price spike in January for which I have suggested in a separate article was extremely unhealthy and for which the Wizards of Wenzhou are mostly responsible.
Celebrating Mario’s Interview on Bloomberg Television Worldwide, order his new ebook The New Reality at the introductory price of only $9.95 for 111 jam-packed insightful pages on business, culture, China and true success.
Read the original story at Mario Cavolo
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