Hong Kong

As the NBA continues to protect its business interests, the league’s biggest star, Lebron James, is on a crusade of his own.

The China-symp appeasers at Google and the NBA have much to learn from these honorable players.

This is the time to give thanks, and I hope that your family has much to be thankful for this year.  Thanksgiving offers a time to reflect on the prosperity we enjoy. 

The corruption of government officials seems to be as old as recorded history.

Finally, there is credible housing affordability data from China. For years, analysts have produced “back of the envelope” anecdotal calculations that have been often as inconsistent as they have been wrong. The Economist has compiled an index of housing affordability in 40 cities, which uses an “average multiple” (average house price divided by average household income) (China Index of Housing Affordability). This is in contrast to the “median multiple,” which is the median house price divided by the median household income (used in the Demographia International Housing Affordability Survey and other affordability indexes). The Demographia Survey rates affordability in 9 geographies, including Hong Kong (a special administrative region of China). The average multiple for a metropolitan market is generally similar to the median multiple.

Perhaps lost in the incessant, rolling bad news shuffle that is the Barack Obama Administration are the ongoing Hong Kong protests of rising Chinese domestic interference.