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Beijing resident Hu Yongwei bought more than a dozen apartments in the small central Chinese city of Hebi for about $31,000 in all, betting they will be financially more rewarding than other investments. Hu, who mostly acquired two- or three-bedroom apartments built about three decades ago, spent 18,000 yuan ($2,528) this month in purchasing his 15th property in Hebi, where prices have plunged over the last two years. Real estate agents said low-cost apartments in smaller Chinese cities such as Huainan and Rushan in the east, and Gejiu in the southwest, are also being bought, largely by people living outside those locations. ....
The On-Site Meeting of 'Beautiful Countryside Construction - Qianwan Project' Held in Jiande, Hangzhou streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
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Hanzhou, China, Dec. 04, 2022 (GLOBE NEWSWIRE) Jiande Municipal Committee announces that the on-site meeting of 'Beautiful Countryside Construction -. ....