Interesting Chinese News

Chinese real estate buyers overseas are quite savy bu the 73% vacancy rate in one Chinese city should worry even the biggest cheerleader.

Can China tap its reserves if it meets financial problems?  This guy says it is much more problematic than people realize and I agree.

An official bank stress test says that the large banks would only see their bank capital remain above 10% if bad loans surged five fold.  Count me as skeptical especially given what we know about how Chinese banks count bad loans and arbitrage risk weightings.

Chinese provincial GDP is falling rapidly.  Is this due to better counting (i.e. they have stopped making up their GDP numbers improved data collection standards) or is GDP really falling faster?

The Chinese government needs never ending real estate and land price increases for more reasons than one.