This week, we’re visiting Yinchuan, the capital of Ningxia province, where we will focus on the existence or non-existence of the Chinese housing bubble, which we described earlier in these posts.
In our first tour through the city’s new Jinfeng District, we ran into some usual suspects…
High rise residential construction sites..
..and its sales centres..
..an eight lane central axis, including glitzy office towers..
..next to an international business hotel (Kempinski)..
..opposite the government building and its People’s Square..
..its neighbour, the international business centre..
..and off course: the exhibition hall.
We’ve ticked the boxes, let’s get to work.