Posted by: Susanne Cannon | July 30, 2010

Business in Beijing July 12

A full day of office visits, including a briefing by the US Commercial Service on their role in assisting US businesses do business in China.

Also a meeting withCBRE on the Beijing real estate market. Beginning to get a picture. Hard to understand the ground lease aspect. Different stories from different people, but the common thread is that everyone believes that eventually it will go away.

Beijing Victory Star Architecture has done a lot of multifamily stuff. The firm is run by two women. What a surprise. Their Palm Springs development is a bit over the top. Incredible mish mash of interior styles, sort of reminds me of the way Frank Lloyd Wright tarted up the Rookery Building in Chicago. Granite and marble and gilt and various wood types and styles. Obviously tricked out for nouveau riche who don’t have any taste of their own and want to buy it. Been watching too much bad US television.

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