Adam Roseman Excited by China’s Booming Economy

Signs of China’s expanding economy abound throughout the country. In Dalian, one city in the north eastern part of China,   Adam Roseman sees all the signs of an impending economic boom. Dalian is a ‘second-tier’ city bursting with potential. In a tour of the city Adam Roseman noted the recently renovated historic city-center, which overlooks the Yellow Sea coast. Adam Roseman sees stately rocks above and pristine white sands below and imagines the city as a modern coastal resort. Adam Roseman isn’t the only one to imagine such things. City planners share this vision and have planned new residences and luxury hotels, which are already under construction to create the resort of their dreams.

Despite the fact that old housing is being demolished in Dalian to make way for the new in the Dalian city center, prices for real estate are still quite low, compared to similar properties in mega cities like Shanghai and Beijing. Mr. Roseman does not expect these low prices to last forever, as he explains, “The world has not yet grasped the fact that the key developments in China are happening in the smaller towns.” Adam Roseman and ARC China are getting ready for the boom in China which is coming soon. Eventually the rest of the world will catch up.