Bingfeng Teahouse

in recent weeks, many media commentators started to ask this tough question about shanghai real estate bubble - what's the role of the municipal government in blowing the bubble? and how to prevent this kind of things happen again?

media commentators, especially those from beijing, indicated that the shanghai municipal government has a huge stake in the local real estate market and therefore is reluctant to quench the heated market. the central government was annoied by shanghai's no action even under the pressure from beijing and considered toughening its stance.

like many others, i seriously doubt a "bottom-up" approach could bring economic prosperity to social progress automatically, but without doubt, economic problems like this guide people's attention to core questions as what prevent the officials to act in accordance with the interests of the people.

i swear the protest is not incited by the ccp.

it has nothing to do with the anti-japan sentiment, it attracts a few cops but all of them seem to be indifferent to the protest, some passerbys ask the protesters what happens and finally the protesters are invited to have a meeting with the "evil company" they protest against.

well, it's a protest against company swindle. 20 protesters, two 10-meter-long banners, 3 hours, 10 cops, 3 high-ranking managers from the "evil company", no violence, no dirty words, no slogan shouting, no smiles, finally, a meeting, and protesters shanking hands with cops and "evil company" representatives.

that's all.

more protests are expected in the coming days. no need to be paranoid (for patriotic vanguard revolutionaries) and no need to be excited (for various counter-revolutionaries, big and small).