Tuesday, December 30, 2008


Travelling in China, I should have read this before leaving. Lots of talk about tougher economic conditions. Shenzhen, a big hub of export oriented industries, appears particularly affected with real estate prices down sharply year on year. Coming back after a few years it is hard to notice the slowdown. The city seems so much richer and more modern. In Shanghai and Shenzhen most taxis have been upgraded to "Santana 3000" models and I did not remember the traffic beeing so bad. Beware of silent electric scooters' attacks!

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