Tag: hotel

Jufuyuan Gongyu Hotel Fire, Xinjian Cun, Daxing District, Beijing, China: Images

Jufuyuan Gongyu hotel, Xinjian Cun, Daxing Qu, Beijing, China fire, killed 17 people. 2017 Nov 19. Prompted Beijing to expel migrant workers. Hotel front door. New Image taken between Nov 19 and Dec 04. Image updated 2017 Dec 03. Pretty impressive, Baidu

Jufuyuan Gongyu hotel, Xinjian Cun, Daxing Qu, Beijing, China fire, killed 17 people. 2017 Nov 19. Prompted Beijing to expel migrant workers. Hotel front door. New Image taken between Nov 19 and Dec 04. Image updated 2017 Dec 03. Pretty impressive, Baidu

The big fire in Xinjian Cun, Daxing District, Beijing, China at the Jufuyuan Gongyu Hotel killed 19 people, and sparked the forced expulsion of migrant workers in Xinjian Cun, followed by the destruction of all buildings. It was a tragic event that followed with some heavy handed government clampdown on migrant workers. For sure migrant workers deserve to be treated better, but after seeing some images I now wonder about the circumstances of the fire. Seventeen people were killed, and that is tragic, but the aftermath might also be 10s of thousands of migrant workers expelled from Beijing.

An Explanation of the Oversupply of Beijing Commercial Real Estate

Who has financed all this vacant Beijing Real Estate?

Who has financed all this vacant Beijing Real Estate?


Any cursory examination of Beijing’s skyline in 2008-2009 will reveal that commercial buildings such as general office, retail space and hotels have been sprouting up like weeds. As the Olympics wound down and the Global Financial Crisis deepened, it was clear to all that the vacancy rate for these mamoth buildings is very high. Beijing is oversupplied with commercial real estate by an estimated 14 years of optimistic growth. One needs to wonder who financed these buildings and how will they recoup their investment. It seems like the heard mentality has prevailed.