The Tianjinese Nouveaux Rich
I'm proud to be living in an area where there are local Chinese people and few other foreigners. I hear the local babble, which is still incomprehensible to me. I breathe in the authentic smells of street food, smelly tofu and precious heavy metals.
The pace of development is lightning quick. The old buildings, shops and markets are being mercilessly torn down. In their place will come luxury apartments and shops.
What you see on the left will become prime real estate, like the Kensington and Chelsea of London. Buy now while you can.
Now, within 5 minutes walk of this area are: 3 Starbucks, a Pizza Hut, a Rolex shop, a Häagen-Dazs ice cream bar, a TGI Friday's restaurant that is under construction and a Zara designer clothes shop that has just opened last week.
This blog entry has another discussion on China's nouveaux rich.
This is where Tianjin's nouveau rich are coming out to play and they are playing in increasing numbers.