LONG VIEW: China's New Real Estate Boom? (Pt.1/2)
Using satellite data to quantify China's over-expansion in fixed assets
We use an innovative alternative data set – satellite Night Time Lights (NTL) – to quantify China’s expansion in fixed assets (real estate, factories, infrastructure). With the time series thus created, we get unique visibility into what has happened, when, and where.
There are a few big surprises. One, the current fixed asset expansion kick…
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