China, Asia, Climbing and Fixed Gear Bikes

I recently red some articles on the new rich society of China. The numbers are amazing. According to China Daily there are 143,000 multimillionaires and 8,800 billionaires in Beijing. Here is the link to the full article.

But on the other hand Beijing seems to be getting more expensive. The ratio of home price to income in Beijing is now 27 to 1, five times the international average according to an article published in China Daily.

This entry was posted on Mittwoch, September 2nd, 2009 at 12:22 and is filed under Beijing, China. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.