The great Aussie property spruik of China

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More good work from John Garnaut and Phillip Wen today:

With his coiffed hair, polished shoes and a generously collared pinstriped shirt, John Leonard Fitzgerald looks and sounds like a Gold Coast motivational speaker.

…The founder of the JLF Group is speaking at a four-star hotel conference room…The twist, though, is that Fitzgerald is not spruiking his sight-unseen properties in his usual strongholds around Brisbane, but in the provincial city of Kunming, in China’s far south-west.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.