China Defense Blog: Sanya, the very model of People's Commune.
In the last two months, Hainan, an island the size of Belgium in the South China Sea, has become a potent symbol of China’s economic vitality — or, perhaps, its excesses. Even in a country where new wealth spawns new tales of luxury … The apartments — sweeping sea views, bathtubs on balconies and sofas wrapped in velvet — are being pre-sold for an average of $885 per square foot, comparable to New York prices, said Wu Lei, a spokeswoman for the real estate company. … …
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China Defense Blog: Sanya, the very model of People's Commune.
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