Caixin
Jan 31, 2016 09:59 AM

Dragons in Diamond Village

Diamond Village? Well, they don't display much brilliance or sparkle, but the villages referred to in the book are former farming villages which have been swallowed up by China's ever-expanding urban areas. Engulfed in industrial and commercial activity, the villagers find that their arable acres have become immensely valuable to developers. As work becomes available nearby, village houses can be converted to hostels for migrant laborers from the inland provinces. A village surrounded by a city becomes diamond-quality real estate.

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