Wednesday May 22 2013

Content about MIAMI

April 8, 2013
Looking abroad for a new home

Chinese lured by comparatively cheaper houses elsewhere, report Wang Ying and Hu Yuanyuan.

Properties in the former US industrial city Detroit started to fall to as low as $100, attracting Chinese investors who have found their investments in the Chinese property market becoming harder under the central government's tightening policies.

As real estate hits rock bottom in Detroit, Chinese investors are planning to purchase properties there, the People's Daily reported.

There are more than a dozen properties priced lower than $100, with some extreme cases on offer for $1.

September 21, 2012
Playing to the gallery as nation’s canvas widens

Famed expo draws art collectors and dealers to the capital

As China’s art market continues to flourish, the gallery industry has also developed rapidly, particularly in Beijing, where galleries of many different sizes are popping up all over the place.

According to China Culture Daily, there were 1,512 galleries in major Chinese cities at the end of last year, of which Beijing accounted for 40 percent.

September 1, 2012
Henqin, the Miami of Pearl River Delta

I remember a Financial Times’ reporter once described sleepy and far-off Hengqin as “known for one thing, and one thing only: oysters”. He was perfectly right, but no longer today. Hengqin’s former barren and dumping field-like environs have changed dramatically. Its many oyster shacks and fish ponds are being demolished to make room for a central business district and seaside resorts.

I remember a Financial Times’ reporter once described sleepy and far-off Hengqin as “known for one thing, and one thing only: oysters”. He was perfectly right, but no longer today. Hengqin’s former barren and dumping field-like environs have changed dramatically. Its many oyster shacks and fish ponds are being demolished to make room for a central business district and seaside resorts.

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