The government calls it "sealed management." China's capital has started gating and locking some of its lower-income neighborhoods overnight, with police or security checking identification papers around the clock, in a throwback to an older style of control.
Introducing the future middle-class that will drive consumption for the next 30 years ?I wonder if anyone in the finance world has thought seriously about how social and political institutions in China, and Asia for that matter, are going to get from Point A to Point Z to accommodate this burgeoning - or prospective burgeoning- middle class.
1'Beijing starts gating, locking migrant villages' AP; Anna
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