China - property
Bareksa • 27 May 2014
People walk along Block 11 area at Huangphu River in Shanghai May 25, 2014 - (Reuters/Carlos Barria)
The state-of-the-art, steel and glass building was originally designed as a playground for China's elite
Bareksa.com - People walk along Block 11 area at Huangphu River in Shanghai May 25, 2014. The Chinese developer behind an eight-storey club house with a billion dollar view over Shanghai's Huangphu River is turning to coffee shops and restaurants to fill the space, as a broad anti-graft campaign puts the brakes on conspicuous spending. The state-of-the-art, steel and glass building was originally designed as a playground for China's elite, but a corruption crackdown that has ensnared scores of officials has unnerved many wealthy Chinese who now shy from the limelight (Source : Reuters)