23 Jan '16, 6pm

Chinese domain sales : Prepare for a hard landing, says Soros

Chinese domain sales : Prepare for a hard landing, says Soros Posted by DomainGang on January 23, 2016, at 12:55 pm Chinese domain market report. Multi-billionaire investor, George Soros , is predicting a “hard landing” for China, thanks to its economy that’s in deflation. On the other hand, Goldman Sachs Group Inc. says investors are overstating the slowdown’s impact on the world and that things will be ok. At stake is $7.8 trillion dollars , the amount that’s been wiped from global equities in 2016 after China’s selloff sent commodities – including oil – tumbling to the lowest in 12 years. No matter who is right and who is wrong, domain sales in China continue to attract investors and fund-funneling individuals alike. Hong Kong fund managers started the game of LLLL .com trading over a year ago, and the spill-over effect soon incorporated lesser TLDs and 5, 6 or longer n...

Full article: http://domaingang.com/domain-news/chinese-domain-sales-pr...

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