昨晚在某某網站看到巴菲特的對中國房產的點評，上兩個月去了中國一趟，多年沒有回去，中國真的發生地翻天覆地的變化，但也存在很多弊端。我用來很簡單的英文記錄了那些話。

"China' s real estate market is in a gambling and gaming very large. "This is a" unit god "Buffettto present the most popular topic of the real estate-frank comments.

The United States time May 2 pm, Berkshire · hathaway corp. (Berkshire Hathaway) meeting of the day, the Chairman of the Board Buffett and board Vice President Charles · Munger held news briefings questions from reporters. The first Financial Daily > Become the scene only to the question of the Chinese media.

The first question Buffett how China' s economic strengths and weaknesses.

The Philippines ad strongly commended China' s economy, "China' s 1.3 billion population finally beginning to see their potential, the economic opening to the cause of this opportunity. "

Then Buffett recalled the · and the Bill Gates in the 1995 meeting of the China' s situation, he recalled that the Gates said, "A Bill Gates will be · here. "

munger said that although Western often criticized China but the fact is China' s system than Western democratic system and efficient. munger also cited the "no matter white cat or black cat, catching the mouse is a good cat", saying that he felt that the leaders of China is very pragmatic.

The Philippines said: "If I were to the United States a railway to three years, China may be as long as six months, in India have to spend 12 years. "

But Munger also said that China' s exchange rate is a big problem.

This reporter Buffett subsequently asked how China real estate prices rising stock market downturn at the same time. The Philippines said that each of the market are cyclical, the market is always a ups and downs. No matter how China' s rapid economic development, China' s stock market will also meet with low and the climax.

"as well as real estate market, in particular, it is because the increase in ownership, it is easy to become blind confidence, leading to a virtual high property prices. "The Philippines, he said.

The Philippines said that in the past 450 years, only a few he can confidently say that what really undervalued or value. "The majority of cases, I only know what happens, it is not possible to know what has happened. I can assure you that China will also face the bubble burst bubble and, no matter how fast economic development. "

The final question mount the How to view China' s exchange rate of China of the recommendations.

munger said that China' s exchange rate policy for China' s rapid economic growth. Relatively low Yuan makes China' s production of goods with a very strong competitiveness, this will inevitably lead to other countries. However, there is no denying the Chinese government economic policy is very effective and practical, China' s economic growth is unprecedented in the world economy, China is the biggest winners. mount said the United States should be given to China should learn from experience.

mount said that if he wants to China' s recommendations, only two.

First, we must pay attention to solving the problem of corruption. The Singapore Lee Kuan Yew is a very good example. If properly resolve this issue, China' s economic growth will be endless.

Article 2, I feel that the Chinese prefer gambling. I do not know why, it seems that this is part of the Chinese culture. Americans like gambling, the United States Government supervision, this kind of gambling has been placed Great Wall Street financial derivatives, the United States Government is trying to control such acts. The Chinese Government should also take note of these acts, to take early measures.

The Philippines Ad added, "Yes, China' s real estate market is in a gambling and gaming very large. A group of people at large, heavy gambling. The wealth accumulated growth should be gradually. "