There is probably only one other issue capable of challenging the Olympics for national attention in China right now: the collapse of the housing market in China, led by Shenzhen. Home prices in Shenzhen grew very rapidly in recent years (on the order of 50%-100% ), and now appear to be falling just as quickly. But for some people, it might not be falling fast enough. Two … [Read more...] about Unity is strength – Shenzhen home-buyers try group buying
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Shenzhen aims for major political reforms
Many in the West appear unaware that the Chinese political system is reforming itself... (it might be more accurate to say many in the West see the political system in China as old Communists waving their hands and issuing imperial edicts.) The truth is, although the pace of this reform is painfully slow compared to economic reforms, it is happening. One of the more … [Read more...] about Shenzhen aims for major political reforms