Currency of the Week: Panbucks
The Word of the Week comes from the Grass-Mud Horse Lexicon, a glossary of terms created by...
housing market
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LatestLuigi Tomba: The Politics of Privatized Housing
In an interview with Ian Johnson at The New York Times, political scientist Luigi Tomba of...
Privatized Housing and Political Legitimacy in China
At The New York Times, Ian Johnson talks to Luigi Tomba of the Australian National University...
Minitrue: Hush the Hushing of Property Limit Easing
The following censorship instructions, issued to the media by government authorities, have been...
Video: “Who Made Us the Proletariat?”
Why would a cheeky cartoon about the real estate market be deleted from all domestic Chinese...
Minitrue: VPN Sales and the Property-less
The following censorship instructions, issued to the media by government authorities, have been...
Sensitive Words: Zhou Yongkang, Media, Shade
As of December 17, the following search terms are blocked on Sina Weibo (not including the “search...
Beijing Tackles Lack of Affordable Housing
Following a rebound in the housing market, authorities in Beijing have announced its plans to...
Death Threats Over Housing Market Reports
Jeremy Blum at South China Morning Post reports that Chen Zhouxi, a Zhejiang journalist, received...
Ghost Towns: No Place To Live If There’s No Work
Government efforts to urbanize China's population by building new towns are failing due to a lack of local jobs; one of the many newly constructed towns, Tieling, remains empty because residents cannot find employment: Urban...
Outspoken Singer Detained Over Explosion Remarks
AP reports that Wu Hongfei, singer for the Beijing-based rock outfit Happy Avenue (幸福大街), has been detained for comments that she posted on her Weibo account: Police have detained an activist singer who wrote that she wanted to...
Misused Funds In Government Construction Projects
Xinhua reports that a top auditor in China found that 5.8 billion yuan (US$943 million) for low-income housing had been embezzled in the past year: The goal of the project construction was reached as governmentshave allocated...
“Affordable Housing” Numbers Don’t Quite Add Up
Reuters investigates Beijing’s progress in increasing the country’s supply of affordable accommodation: To gauge the status of the scheme, Reuters visited a dozen building sites in the dusty city of Shijiazhuang...
China: Fast Food Nation, Too Fast Economy?
With the rise in food prices and labor inflation in China, fast food chains, such as KFC, are planning a rise in prices to offset these factors. Despite the rise in prices, the share price of Yum Brands Inc, KFC’s parent...
Property Prices See Second Consecutive Drop
In November, home prices in China continued to drop for the second consecutive month. Despite the government’s claims it was regulating the housing market, homes in over 70 cities saw the drop. The Wall Street Journal reports:...
Stymied At Home, Chinese Hunt for Property Abroad
Property speculation has long been a problem in Chinese housing markets. Now Chinese investors are also trending towards buying property overseas. From Reuters: Stifled by a clampdown on property speculation at home, cash-rich...
Beijing Aims to Stabilize New Home Prices, Joining Other Cities in Curbs
Exorbitant housing prices have long been both a social and political problem in China. The central government has placed regulating the housing market as a top priority. Beijing, following the lead of other Chinese cities, is...
China Attempts to Deflate its Unstable Property Bubble
The Chinese government has announced plans to build affordable housing to help calm the surging property market. From the Guardian: China will spend nearly $200bn (£123bn) on the scheme, part of plans to build 36m low-cost homes...
