October 10, 2013
Mistresses Behind China's Housing Bubble
Heather Timmons, The Atlantic
The Associated Press
Keeping a mistress is a normal part of life for successful Chinese businessmen and government officials, and in some ways they have become more visible in recent years, playing roles in corruption scandals and even, sometimes, turning in their lovers.
They and their big-spending partners may also be contributing to ever-increasing real estate prices in some of China’s biggest cities.
TAGGED: China, Corruption