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Elliott Morss has spent most of his career teaching and working as an economic consultant to developing countries on issues of trade, finance, and environmental preservation. Dr. Morss received a B.A. from Williams College in 1960 and a Ph.D. in political economy from The Johns Hopkins University ...more

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Recent News From Xinyuan Real Estate Not Good, BUT….
9 years ago

Susan: Big financial houses, like TPG, rarely signal moves. My guess on what TPG will do: Most entities like TPG have return goals in specified time periods for their investments. If they don't make goals, they liquidate. They have other investments lined up. Notable that TPG has removed any mention of XIN from its web site.

In this article: XIN
Recent News From Xinyuan Real Estate Not Good, BUT….
9 years ago

Justin: No chance of bankruptcy. The company is making money and had $234 million in cash in September..Even with the temporary RE slowdown, XIN will make $31-$33 million this year.My guess is that in the last two months, the banks have figured out how to implement real estate loosening policy the government put in place last summer. And the cut in interest rates just announced will increase RE demand further.

In this article: XIN
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