#LondonCalling: PRC nationalizes the real estate bubble. @JosephSternberg @WSJOpinion
Dec 08, 2021, 01:22 AM
Photo: Hutong 衚衕 or 胡同 (borrowing of Middle Mongolian quddug, "water well"), a type of narrow street or alley commonly associated with northern Chinese cities, especially Beijing. Here: a hutong of yesteryear, still occupied today.
Entrance to a residence in a hutong
Entrance to a residence in a hutong
#LondonCalling: PRC nationalizes the real estate bubble. @JosephSternberg @WSJOpinion