China's Homes Are A $15 Trillion Store of Wealth
Whether located on Hainan or one of China's other provinces, the level of debt-free home equity found in the lower and middle class sectors of the housing market is a big bunch of Hainan coconuts - $15 Trillion by my reckoning
I'm pleased that the market and investment advisory website run by Wall Street veteran Rick Ackerman continues to feature my China articles and this latest article takes a closer look at this massive cauldron of equity and its possible impact on all of us in and out of China.
Make no mistake, Chinese are frugal and the greatest savers in the world, however the push is on by the banks for Chinese consumers to get into the American credit card lifestyle. Will Chinese ever use a credit card or home equity loan to finance their holiday like Americans were brainwashed to start doing? Will they tap into their home equity, when and why? Just click on the link to read the feature article at Rick's website.
$15 Trillion of Debt Free Home Equity In China
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Celebrity ProAm Golf Tournament Comes to Mission Hills Haikou, Hainan Island
Seems that 20 celebrities including British Actor Hugh Grant and Matthew McConaughey will be at the Celebrity ProAm Golf Tournament chasing an incredible "winner takes all" purse of 1.28 million dollars. Taking place at the end of October, "two-time Open Championship winner Greg Norman, China's multiple Olympic gold medal-winning gymnast Li Ning and Japan's No. 1 comedian and talk show host Akashiya Sanma will serve as Host Ambassadors for the Mission Hills Star Trophy.", according to a story found at World Golf. The rich continue being rich while, by the way, I am daily receiving articles and reports from numerous sources suggesting that Hainan property prices, true or not, are dropping like a rock.
So is that "Buyer Beware" or "Buyers Be Where?"...?
The description of northern Hainan Island's expansion around the golf industry is impressive. According to a press statement released by Buffalo Communications, "Mission Hills Hainan lies in the volcanic region of exotic Hainan Island, China. The resort sets a new standard in leisure, recreation and wellness experiences. Nestled amid lush, green gardens, the resort caters to golf enthusiasts and comprises specially-designed golf courses, each one incorporating the native lava rock formations. Other state-of-the-art features include 525 tastefully-appointed guest rooms and suites, a three-story clubhouse, meeting facilities, 12 world-class restaurants, a fully-equipped sports and recreation center, Hainan's only aquatic theme park, therapeutic natural mineral springs, a spa oasis, and a shopping arcade. A magnificent addition to Hainan's tropical island paradise, Mission Hills Hainan is poised to be the island's premier sanctuary, attracting visitors from around the globe."
What Do Bananas, Tuna, Oreo Cookies and Lasagna Have In Common?
Well we can certainly agree they don't belong on the same plate together no matter how good a cook you are! You'll find the answer by heading over to the Coffee World Pizza Corner located in the lobby of the Herton Hotel right on the beachfront at Dadonghai to enjoy some of their new recipes including a Banana Split, Oreo Mocha Smoothie, Homemade Baked Lasagna and a Fisherman's Pizza. Gotta try the Shepherd's Pie too... !




More Foreigners Travelling to Hainan with Visa Free for Tour Groups
By July 10, 2010, southern China's Hainan province had received 1,096 visa-free tour groups, with a total 22,359 tourists, according to official figures released by the local government.
In the first half of the year, the number of overseas tourist arrivals nearly tripled to 316,000.
The New York Chronicle Endorses the Acai Berry Diet? Internet Scam and Health Tips
Health is important and many foreigners who go to Sanya mention the pure, clean air as a reason for being there. In addition, Hainan is a haven for Chinese medicine and wellness practices. As a trainer and coach mostly on communications-related needs, health and fitness is a topic also covered with clients. I am personally committed to good health, running 20-30km each week, watch my diet and am very familiar with wellness practices including all forms of exercise, fasting, cleansing, mind and breathing practices such as the various meditations available.
Fake Blog Internet Scam: Endorsed Acai Berry Diet
With that quick background, I wish to alert our readers to how deceptively sophisticated fake web/blog pages have become including this recent one I found offering acai berry diet programs. They look quite genuine at first glance, promoting products and services which should be avoided because they don't work as claimed and cost way too much. It is easy to get fooled.
Take a look at this acai berry diet "blog" page to see what I mean.
http://www.newyorkchronicle.org/?t202id=423278&t202kw=ads
Fortunately, when you find nasty sites online like this or any product/service you are interested in, you have a powerful defense.
Simply type a keyword string into your search engine to quickly find out the genuine story. The internet is a neutral monster machine tool that often exposes the good and bad we need to know with just a few minutes of digging around.
For example I typed in "acai berry diet channel 7 new york chronicle scam or ? " and quickly discovered these fake blogs that don't look so fake at first glance.
Here in China we have www.taobao.com, China's version of Ebay. There are millions of legitimate sellers but it is another dangerous place because it is still way too easy for scammers to put up fake/copy sites and take your money.
The Easy and Better Way To Be Naturally Healthy
Acai berries are a dark, purple colored berry which like any other fruit in the berry/cherry/grape family is wonderfully healthy for you. If you want to go on a simple yet natural two week diet/cleanse type program, simply start eating much more of these foods daily and reduce the level of "American diet" foods such as white breads, cakes and oily/fried foods, plus junk foods.
For example, replace all junk food snacks such as prepackaged cookies/crackers/potato chips with fresh cherries, an apple, peach or banana. Simple. No crazy dieting, no drastic changes; just a couple of food substitutions like that and your body will feel the difference. Instead of buying any pre-made sugar softdrinks, buy fresh lemons, make fresh lemonade and store it in the refrigerator. Yes add sugar! Fresh squeezed lemons with some added sugar is a helluva lot more healthy than a bottled drink with chemicals, additives and zero fresh fruit nutrition, right?
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Shanghai Property Sales 50% DOWN, Auto Sales 50% UP, and CoffeeWorld Now Has Shepherd's Pie On The Menu!! ...Hmm?
This interesting juxtaposition just in from CapitalVue.com. Money just flows in and out of different places on the whims of what?....we've got plunging home sales along with rocketing auto sales here in China...as if the roads aren't already crowded enough with too many cars?...Cheers, Mario
July 7 -- The transaction volume of Shanghai's previously-owned properties plummeted 50 percent year-on-year to 69,100 units in the first half of 2010, reports Yicai.com, citing statistics from Century 21, a real estate services provider.
July 7 -- SAIC Motor (600104) recorded 43.93 percent and 44.89 percent year-on-year increases in auto production and sales volume in the first half of 2010 to 1.74 million units and 1.77 million units, respectively, according to a company filing
And now this...Sanya Restaurant Corner Sneak Preview...CoffeeWorld's got some new menu items including a new Homemade Lasagna and tasty Shepherd's Pie...that's mashed potatoes, ground beef with tomatoes, baked with bubbly cheese on top...post and photos coming soon!









