China Cities | InvestmentWatch

1000′s of couples in China line up to divorce due to new capital gain tax on second home

Long queues of happy couples waiting to get married might be a common sight in Las Vegas. But lines of happily married couples waiting to get divorced? Only in China.

In major cities across the country last month, thousands of couples rushed to their local divorce registry office to dissolve their marriages in order to benefit from fast-expiring tax breaks on property investments for unmarried individuals. Local media reported long waits [...]

China Helped North Korea Target American Cities

Today, Kim Jang-soo, South Korea’s new national security director, said North Korea may fire off a missile as soon as Wednesday. The launch will undoubtedly be a test of an intermediate-range missile, not an attack.

North Korea last week moved two missiles, which were subsequently loaded onto mobile launchers, to its east coast. Many expect the missiles, which have been subsequently moved to hidden locations, will be fired in trajectories arcing [...]

MUST WATCH: 60 MINUTES Exposes China’s Real Estate Bubble

China ghost cities:

SATELLITE PICTURES OF CHINA’S GHOST CITIES

http://www.flickr.com/photos/92858009@N04/sets/72157632769140102/

http://www.flickr.com/photos/92858009@N04/sets/72157632769023388/

China to make Another Ghost City? Will Bulldoze 700 Mountains for it!

http://english.cntv.cn/program/newshour/20120907/104682.shtml

http://finance.ninemsn.com.au/executivesuite/downtime/8576615/china-to-flatten-700-for-new-city

Chinese protesters besiege Japanese embassy in Beijing, hurl rocks, eggs, bottles – @Reuters

* Paramilitary police barricade Japanese embassy in Beijing

* Protests reported in numerous other Chinese cities

* Japan foreign minister cuts short Australia trip

By Sui-Lee Wee and Maxim Duncan

BEIJING, Sept 15 (Reuters) – Thousands of Chinese besieged the Japanese embassy in Beijing on Saturday, hurling rocks, eggs and bottles as protests broke out in other major cities in China amid growing tension between Asia’s two biggest economies over a group of disputed [...]

‘China’s richest village’ has a supertower and a $50m solid gold ox statue… now it has a new taxi service, where all the cabs are helicopters

High-flying businessmen in what’s been dubbed China’s richest village finally have a taxi service that lives up to their standards – where all the cabs are helicopters.

The choppers shuttle passengers from Huaxi, Jiangsu province, eastern China, to surrounding cities in less than 10 minutes, say operators, the Tongyong Airline Company.

Huaxi – at the centre of a massive new technology and tourism hub – is said to have more millionaire residents than [...]

Biden: Cities in China Are Better Than in America (video)

Vice President Joe Biden speaking to the conference of mayors in Orlando says that China has nicer cities than America

(Excerpt) Read more at breitbart.com …

My wife just returned from Beijing. Other than the awesomeness of the Great Wall, she said it is a shithole

Portuguese, Spanish, Irish, and Italian 10-Year Yields (Mish)

1) Stress Increases in Eurozone; Portuguese, Spanish, Irish, and Italian 10-Year Yields All Make New Highs (Mish)

“Eurozone sovereign debt yields pushed higher across the board today. Irish debt has topped 12% for the first time, Italian debt topped 5% and most Euroland debt yields are at all times high spreads compared to Germany.

Significantly, yields are at fresh new highs for Spain, Italy, Ireland and Portugal.

If by any chance [...]

China: Ghost Cities

If they just buy more real estate they’ll be fine but maybe that consensus opinion is changing now.

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