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China: Perception vs. Reality
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[摘要] morgan stanley organized a china tour last week for a group of international investors. the tour included two days in beijing to visit economic policy makers and resource-sector companies and one day in shanghai to visit consumer-sector companies. the investor group reached a more positive view on china’s economic outlook than the previous investor group that were on a similar tour 18 months ago. morgan stanley organized a china tour last week for a group of international investors. the tour included two days in beijing to visit economic policy makers and resource-sector companies and one day in shanghai to visit consumer-sector companies. the investor group reached a more positive view on china’s economic outlook than the previous investor group that were on a similar tour 18 months ago. the group, mostly first-time visitors to china, were overwhelmed by the physical development unfolding before their eyes in china and were persuaded by many companies that the current trend could continue on the needs-based argument, i.e., many chinese people still didn’t have and therefore need property.
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