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Now the old greedy investors calmed down, saw a bubble. Experience in real estate prices fell after the labor pains, more can reflect their indulgent behavior collections, such as wine and Longjing green tea, have begun to "fall". Singapore media said: China's luxury bubble burst with the buyers increasingly careful, credit contraction and weakening business confidence, many industry prices are falling. Over the past few years,http://hagerstownrescue.org/manager/templates/hrm2.aspx, wine has been China's super rich love. Reports that,michael kors tote bag, last year in the peak of the bubble, consumption in China a trendy restaurant banquet wine bottle price is 50000 yuan. According to reports, a bottle of 2008 Lafite prices from the peak of 16000 yuan per bottle fell to eight thousand or nine thousand yuan. Chinese art lovers also began to hibernate. The total turnover last month's spring auction in Hongkong for $316000000, of which only 20% to 25% of buyers from china. By contrast, held in the autumn of last year,bamsestøvler ugg, the auction, the total turnover of $411000000 in 44% from Chinese buyers. Even the Chinese Longjing green tea also experienced price declines. Last month, the media said, within a few weeks, the Fuzhou tea market of Longjing green tea wholesale prices from 6000 yuan per kg to 1200 yuan per kilogram. One of the important reasons for the investment enthusiasm of cooling is the tightening of credit. Last month, the bank loan from March 1.1 trillion yuan reduced to 682000000000 yuan. The government's tightening monetary policy and savings due to reduced bank lending capacity constraints. Some analysts said that, because of the long-standing Chinese economy downturn and negative interest rates,http://www.cluggys.com/index-4.html, nervous companies and individuals to reduce bank savings, or even to withdraw money from the bank. However, for those investors who stubborn,michael kors handbags on sale, still there are some bright spots. Some investors are beginning to look to the emerald. Over the past 10 years,ugg støvler udsalg, jade prices soared 10 times,http://www.cwprecycle.com/pages/services.html, to $3000 an ounce reached last year, is expected this year will continue to rise. Gold was also seen as havens. Chinese buy lots of gold, is more than India to become the world's first gold consuming country. In addition,michael kors handbags uk, there are still some adventurers willing to invest excess funds in an emerging opportunity -- and the shortage of funds for real estate developers. The 36 year old Li Dan (sound) said,isabel marant sneakers new collection 2013, she lent a small developers to 300000 yuan, the annual interest of 60000 yuan. Ms. Li said: "this is very safe, because the development of commercial property as collateral." (even the author Grace Wu,michael kors bag sale, translation)
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