Soho CEO on Business Outlook, China Property Market

March 7 (Bloomberg) -- Zhang Xin, chief executive officer at Soho China Ltd., the biggest developer in Beijing’s central business district, talks about the company's business outlook and strategy. Soho China plans to accelerate land and project acquisitions this year as it shifts toward being a landlord from focusing on selling properties. Zhang also discusses the Chinese property market. She speaks in Hong Kong with Zeb Eckert on Bloomberg Television's "First Up." (Source: Bloomberg)

Are Low Oil Prices Here to Stay?
33:05 - Vitol Group Chief Executive Officer Ian Taylor says crude oil will likely hover between $40 and $60 a barrel for 10 years. The lower boundary would imply little recovery for Brent crude, the global benchmark, whereas the upper limit would put prices back to the level of July 2015, when the oil industry was already taking measures to weather the crisis. The forecast would mean oil-rich countries and the energy industry would face the longest stretch of low prices since the 1986-1999 period, when crude mostly traded between $10 and $20 a barrel.
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