Global Conference 2011
The Chinese Real Estate Market: A Conversation With Ronnie Chan
Monday, May 2, 2011 / 11:00 am - 12:15 pm
The incredible real estate boom in China's major cities continues unabated. Worried about overheating, the Chinese government has attempted to deflate what many observers fear is a massive speculative bubble. But its moves to tighten credit have had little effect, and property markets like Beijing, Shanghai and Guangzhou have soared to even greater heights. Ronnie Chan, one of Asia's most influential real estate developers, will join us for a candid one-on-one session about the factors driving this frenzy. As chairman of Hang Lung Properties, he is investing heavily in several mainland cities, betting big on malls that cater to the Chinese consumer's insatiable demand for luxury goods. Chan will share his views on what to expect in China's commercial and residential markets.
Senior Fellow, Milken Institute; Senior Vice President and Senior Economist, Economic Strategy, City National Bank