He believes that real-estate prices should keep going up over the next 20 years because the majority of Chinese people will want bigger and better homes.
WSJ: Outspoken Real-Estate Executive Makes Few Friends Among Public
Singapore is an ethnically diverse country, with the majority Chinese making up about 75% of the community, Malays, Indians and people of mixed ethnicities making up much of the remainder.
BBC: Singapore PM urges 'respect' after Facebook rant
Hong Kong's 6.3 million people are 95% Chinese, the majority speakers of the Cantonese dialect.
CNN: The Really Useful Guide
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