CNN’s Living Golf program posted a series of stories about golf in China earlier this month. For the most part, they did a fine job and offer the viewer a decent overview of what’s going on here — or as much of an overview as you could expect in around 15 minutes. Sure there is […]

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Time to come up with a euphemism for “villa”

Earlier this week, Bloomberg ran a story entitled “China Tightens Land Purchase Rules, Bans Villas.” Here’s a snippet: China is requiring a down payment for land purchases equal to 50 percent of a plot’s price and prohibited the supply of land for villas as the government sought to increase affordable housing. … The Land Ministry […]

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Same as it ever was

From the New York Times: Pressing ahead with its clampdown on runaway economic growth, the Chinese Government has banned new golf courses and announced that work on some luxury hotels and villas will be halted even though they are already partly built. … The document said the Government would impose strict limits on the amount […]

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