Fang, 29, is part of a wave of young Chinese choosing to invest in dirt-cheap real estate in declining and remote industrial regions, ditching China s modern, expensive metropolises. In major cities, "unless you re a child of the super-elite, I don t see how young people can ever earn enough for a house", the brand management professional told AFP.
Young homebuyers take refuge in China s rust-belt towns rfi.fr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rfi.fr Daily Mail and Mail on Sunday newspapers.
Weil has been shortlisted for top honors at the 2023 IFLR Asia-Pacific Awards, highlighting the Firm’s outstanding accomplishments in “legal innovation in cross-border transactions” in the region.