Wednesday, December 30, 2015

In the news: Shenzhen, China




Shenzhen Landslide Casts Shadow Over China’s Success Story.  (The New York Times, 12/23/2015)
Even as the broader Chinese economy has slowed and as housing values have slumped across much of China, the Shenzhen juggernaut has barreled ahead. High-tech start-ups replaced the factories that had made the city a pioneering showcase of Chinese-style capitalism. Millions of young people moved here from across the country. Construction is everywhere, with prices of new homes surging.



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