Friday, July 16, 2010

Migrant Villages Under Lock and Key

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

No comments: