China's economy  Domino or dynamo?  China is pretty well placed
to cushion a global downturn  See article  Readers' comments
The graph of housing price to income will probably stir a huge
laughter from Chinese netizens. There are two worlds in Chinese
housing market, in the village side where peasants build their
own shabby home the cost of housing is low. In the city, one
such comment would probably be inviting a mob of young and angry
people who are priced out of housing forever. Take Beijing for
example, average price per square feet is well above 10,000
yuan, average income is less than 2000. And it is not just a few
huge metros, the young today is practically priced out in the
cities and even townships, wherever the land is monopolized by
the government.  comrade joe yap  It is interesting to observe
that whe there is anything that says anything good about China,
you bunch justwill go on a wildrage to put it down. I will not
oppose the credibility of the economist if I were you. The
economist is a ve