Land, oil price and money printing

[phantom_opera]

http://htmlimg3.scribdassets.com/8q0hc32pc027hpuc/images/24-925516b86e.jpg

Land price across 35 cities in China 2001-2009
Oil price in China vs international oil price

There is a big surge of land & oil price in 2008/2009 corresponding to huge growth in M2

[phantom_opera]

http://htmlimg2.scribdassets.com/8q0hc32pc027hpuc/images/33-05b80ead16.jpg

Wage inflation rate in China consistently > 10% (Beijing MNC pay now same as Singapore !!!)

after factoring into inflation, the real rate of salary growth:

http://www.eca-international.com/_temp/article/7517/33234_129750054909900000/0/2_img_.png