China hotspot squeezes the poor

Real estate boom on Chinese island underscores widening gap between rich and poor.

    China's southern island of Hainan is a playground for the country's rich, offering tropical beaches, glitzy resorts and luxury apartments.

    But as billions of investment dollars flood into the island, real estate prices have soared, putting pressure on Hainan's original residents.

    As the disparity between rich and poor continues to grow, the Chinese government faces the challenge of balancing the needs of lower-income groups with the country's new millionaire speculators.

    Al Jazeera's Melissa Chan reports.

    SOURCE: Al Jazeera


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