In contrast to the protectionist sentiments that are gaining momentum in some parts of the world, Pakistan and China present a distinct example of regional cooperation and harmony. The financial linkages between Pakistan and China are growing manifold. We are already host to Industrial and Commercial Bank of China Limited (ICBC). Recently, consortium of Chinese investors acquired forty percent shares in Pakistan Stock Exchange.
The upward trend in real estate prices can be expected to continue over the medium and longer term, partly as a result of the gradual convergence with price levels in the “old” EU Member States. However, it would be comforting to think that such a “natural” development would not result in excessive and unsustainable house price increases.