Blog powered by Typepad

« 'Patience is a virtue' - or so they say! | Main | OUCH! Don't mess with Melania, Mr. Evans! »

Friday, 25 January 2019


Feed You can follow this conversation by subscribing to the comment feed for this post.

Yeah, all those Potemkin Villages! A communist dictatorship running a 'capitalist' style mercantile economy. Must be some sound paper and solid guarantees.

Try this one:

Several years ago, during a city tour of Wuhan, the guide pointed out an estate of new houses, all unoccupied. He told us that the value of the property decreases if someone has lived in it, so people buy them, leave them empty, and sell them when their value increases.
It may be an excuse for Potemkin villages but, if true, gives an interesting insight into the Chinese psyche.

The comments to this entry are closed.