Riding the Chinese Juggernaut?Rewards and Risks
By Dennis M. Horn and Kai Yang
8 PROBATE& PROPERTY � SEPTEMBER/OCTOBER 2007 Max Licht With a population of more than 1.3 billion people and an annual growth rate that has topped 10%, China is a huge markeet Real estate investment also has grown significantly during the past few years. People are moving from the countryside to the cities at an acceleratiin rate. Tourists have discovered China. Foreign business people travel less tripled in value in the past two years. Untamed—China’s Leaders Struggle to Restrain a Surging but...