Built in 1989, the five-bedroom, five-bathroom residence has been described as "a village that looks inward." There is a main house, an office, a guesthouse and a garage-and-gym structure with a breezeway. The half-acre of grounds include a reflecting pond, a swimming pool and an olive orchard. — latimes.com
In a few cities, such as coastal Wenzhou and coal-rich Ordos, the collapse in property prices has sparked a full-blown credit crisis, with reports of ruined businessmen leaping off building rooftops; some are fleeing the country. — Foreign Affairs
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