Shanghai rent yields are among the worst on the planet. My place is worth $700,000, and my rent is $600... that's .05% per year! The ONLY reason to buy apartments in Shanghai is anticipated appreciation.

Back on the Nanning topic, I met a lady at Starbucks yesterday who recently purchased a very large US company, and she asked me to help her. We have an afternoon meeting planned at my pool (she has a Bentley and $10 million worth of rock memorabilia, but no swimming pool).