The price of Chinese houses is seriously off par with the local average income level.
China's real estate is a scam.
Calculated based on rent. Chinese houses require a total rent of 70-200 years to recover costs.
It means a price to earnings ratio of 70-200 times. This is a serious foam.
Chinese people, who don't eat or drink, can't afford to buy a local house from 70 to 200 years ago.
This is the severity of the foam.
Due to the huge real estate foam, many industries are in depression at present. Because many people use their income to pay off their mortgages. There is no other purchasing power at all.
Local governments are all implementing super rents.
High rent has led to more and more companies withdrawing and closing down. They are all unwilling to lower house prices and rent.
These high prices, high housing prices, and high rents are killing the entire economy.
Recently, many fraudsters have come to China to deceive by impersonating Saudi princes. The United Arab Emirates and Dubai are the majority.
Specific scams,
They are preparing to establish an investment fund in China or Hong Kong, ranging from 100 million US dollars to 500 million US dollars.
Contact people from China, invite them to come to China to inspect the company or land. They are not coming.
They invited Chinese contacts to Saudi Arabia or Dubai to sign contracts.
Before signing the investment contract, the Chinese contact person is required to pay an insurance premium of $1 million, as well as various notarization fees.
After the Chinese liaison refused such unreasonable demands.
These scammers also say that Chinese people have no money, they are poor, and their ability to resist risks is low and unreliable.
There have been many such scams lately. Everyone should be careful.
Don’t be fooled by Dubai’s reputation as the “rich city”, this is the real Dubai
Original Qianqian Talking Travel 2024-04-25 21:10
Dubai has attracted much attention in recent years, with people marveling at its opulence and luxury.
There are legendary stories circulating online about people making millions a year as beggars in Dubai and about finding gold jewelry in trash cans, but these are just part of the marketing of the city.
The real face of Dubai is far from the bizarre scenes described on the Internet. Its reputation is far greater than its actual economic strength.
Although Dubai is famous for its tall buildings and luxurious architecture, its built-up area is far smaller than many cities in China.
The city center is small and bustling, but the surrounding area is desolate desert.
Although Dubai has become a world-class "rich city" through urban marketing, its architectural design is not in line with tradition and the living experience is unsatisfactory.
Dubai's marketing success has attracted a large number of tourists, many of whom are high-end consumers, generating huge revenue for the city.
The Prosperity and Legend of Dubai Dubai, this prosperous city in the Middle East, has attracted much attention from the world in recent years.
People marveled at its opulence and luxury, as every corner seemed to be gleaming with gold.
On the Internet, legendary stories about a beggar in Dubai making millions a year and anecdotes about finding gold jewelry in trash cans are widely circulated.
These stories have been discussed by countless people on the Internet and have been given a mythical quality.
However, these stories are only part of Dubai's city marketing strategy, and they do not fully represent the true face of Dubai.
The legendary story of a beggar who made millions a year in Dubai may seem unbelievable.
The story describes some people who turn into beggars on the bustling streets of Dubai, but live a luxurious life and earn millions a year.
However, the truth behind these rumors is not that simple.
Although Dubai is wealthy, it also has a strict social management system.
Most of the beggars in the city are immigrants or people who have encountered misfortune. They do not have huge wealth.
These stories are often exaggerated or fictional, a phenomenon created to attract more attention.
Gold jewelery found in rubbish bin Another legendary story about gold jewelery found in a rubbish bin in Dubai also stands out.
It is said that jewelry and other valuables can be found in trash cans in this affluent city.
However, these stories are often poorly supported by solid evidence and are based more on rumors and speculation.
As a modern city, Dubai has a strict cleaning management system, and the possibility of valuable items in the trash can is extremely low.
Therefore, these stories are more of a mystical imagination than actual events.
The real face of Dubai The real face of Dubai is far from the bizarre images portrayed online.
Although Dubai is famous for its tall buildings and luxurious architecture, its built-up area is far smaller than many cities in China.
The city center is small and bustling, but the surrounding area is a desolate desert.
Although Dubai's architectural design is full of modernity, it seems a bit deliberate compared with the traditional architectural style.
The living experience is also unsatisfactory, especially in the high temperatures in summer, when people often feel uncomfortable.
Dubai's Marketing Strategy Although Dubai's real appearance is different from the Internet rumors, its marketing strategy is quite successful.
By hyping up the city's luxury and prosperity, Dubai has managed to attract a large number of tourists, many of whom are high-end consumers, bringing huge revenue to the city.
Dubai's reputation is far greater than its actual economic strength, which is partly based on the city's marketing.
However, this has also raised questions about the true appearance of the city, and people have begun to pay more attention to the hidden reality behind Dubai.
Summary: Dubai, a bustling city, is world-famous for its luxurious architecture and unique marketing strategies.
However, the real face of the city is far from the bizarre images depicted online.
Although Dubai attracts a large number of tourists and high-end consumers, its actual economic strength does not match its reputation.
Therefore, while people appreciate the prosperity of Dubai, they should also maintain a rational understanding of its true appearance.
I was chatting with some business owners recently.
They all have a common feeling.
Their companies have left the Pearl River Delta and the Cantonese-speaking region. Many companies do not survive three years.
Now they all adopt a conservative strategy. If the prices of production factors in the core area of the Pearl River Delta are high, they will give priority to moving to the Cantonese-speaking areas in Guangdong Province (the areas surrounding the Pearl River Delta).
Because they discovered after years of practice that they left the Cantonese-speaking area.
Leaving this Cantonese-speaking circle, running a business is difficult and risky.
If you want to invest in China (Dinghu, Sihui, Gaoyao, Guangning, Deqing, Fengkai, Huaiji), you can contact me directly. I can help foreign investors reduce investment costs.
نرحب بفريق الاستثمار من المملكة العربية السعودية للاستثمار والتطوير في مدينة Zhaoqing ومدينة Sihui.
نأمل أن يذهب فريق الاستثمار من المملكة العربية السعودية إلى مدينة تشاوتشينغ ومدينة سيهوي للتنزه وإلقاء نظرة.
لدي الأراضي الأقل تكلفة في دلتا نهر اللؤلؤ، والموارد المائية الأقل تكلفة (غير المحدودة)، والموارد الكهربائية الأقل تكلفة.
حن في مدينة تشاوتشينغ ومدينة سيهوي نأمل أن يأتي رجال الأعمال والمجموعات الاستثمارية من المملكة العربية السعودية إلى مدينة تشاوتشينغ ومدينة سيهوي لإلقاء نظرة والتجول.
نحن في مدينة تشاوتشينغ ومدينة سيهوي نرحب بشدة برجال الأعمال والمجموعات الاستثمارية من الشرق الأوسط والمملكة العربية السعودية لزيارتنا.
لدينا العديد من مشاريع البنية التحتية في تشاوتشينغ، لكننا نفتقر إلى الأموال.
نأمل أن تتمكن المجموعة الاستثمارية السعودية من تقديم بعض المساعدة لنا.