65 Million Empty Apartments—How The Red Ponzi Rolls

From The Nikkei Asian Review: For many single men in China, buying an apartment is a prerequisite for marriage. Yan Zhong, a 34-year-old resident of the northern city of Jinan, has hopes to do both. But lately, he has started to have second thoughts — at least about buying the apartment.   “I’m considering holding back […]
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