I cosigned my wife's mortgage with CCB. Her name is on the property deed, as it's seriously complicated to transfer title deeds for foreigners. There's some paperwork showing the paper trail of income and bank account cashflow but nothing spectacularly difficult or complicated to overcome. My name on the mortgage, but wife's name ONLY is on the property deed, so technically I legally own NO overseas property for home country taxation purposes.
There'll be a plethora of taxes and fees associated with either property transfer or a purchase. Your real estate agent should be able to provide a list. If they can't - you're using the wrong agent. The gov real estate office also has a list of fees and taxes - but they probably won't give you the time of day for casual requests for information.
If you buy a new property - expect to spend upwards of CNY 200-300k for renovation from bare concrete walls to a move-in livable space. We used a reasonably reputable interior design and decoration firm to manage the entire process. Infinitely less stressful. You should do your own research so you know prices of labor and materials, so you'll understand ballpark numbers BEFORE you go shopping. Also beware the bait & switch - which is why we used a reasonably reputable interior designer. We also aired out our apartment for a couple of months, stuffed the closets with large shopping bags full of tea to instill the tea aroma as opposed to the smells of glue and paint. Tea also functions as a desiccant (sucks humidity out of the air), so there's that. I would NOT advise using the tea downstream for drinking. Seems it's a well known rural practice amongst tea farmers (who probably resell the tea once its served its purpose).
On that note - generally, property or other major assets acquired AFTER marriage are considered community property in China - regardless of how one tries to hide or manipulate the assets.
Good luck and best wishes.
Interview: Brian Eyler on Baihetan, China's second largest dam
发布者First - excellent and informative article. Although I absolutely must concur with some of the views of the expert - the facts are always not so obvious, when one chooses to micro-focus on subsystems as opposed to expanding one's view to a larger system. This is a popular management trend called decision-based data as opposed to data-driven decisions. So agreement, disagreement, or no opinion - depends on one's perspective.
Most westerners, especially those with hidden or obvious political agendas, look at China as they look at the west - a free market based economy.
China is a planned economy and certain infrastructures are built looking forwards decades.
China's energy consumption trajectory is not considered by the author, so let's take a look at that subjectively or qualitatively, since I'm too lazy to do the research numbers.
ENERGY CONSUMPTION IN KUNMING
Our hot water heaters used to be gas powered - but we had to replace the "damned" thing every two years because of the buildup of ash (aka toxins - seriously...green flecks in the ash - what is that? Chromium?) from the dirty gas. We switched to a combination of solar and electric (which do NOT work in tandem).
The prolific construction of new high-rises do not permit the effective use of solar in high density residential communities (e.g. most real estate development mega projects in Kunming are around the 2k residence level. So on demand electric systems make more sense.
COOKING
We haven't switched to electric because the power grid where we live simply won't handle the load (much less our ancient wiring). New high rise developments come with the option of gas or electric - with most choosing electric. It's fast, clean, and doesn't expose the stove components to cooking spillage. We've replaced our gas stove twice in the last 8 years - but to be fair - the last replacement was required because we switched to a new "cleaner" gas.
E-BIKES
Prolific.
MASS TRANSIT
The subway - electric powered. Buses moving towards electric power. And automobiles - e-powered vehicles are an emerging phenomenon with incredibly central government support and subsidies. Occasionally, you'll spot that rare BYD electric powered taxi (the SUV). China is migrating as much as its domestic infrastructure off fossil fuel dependence as possible.
So just from our own personal experiences and observations - consumer-based consumption of electric services is increasing at a steady pace.
ENVIRONMENTAL
There is no argument about the destruction of surrounding habitats and the migration of valley dwellers. This is a management issue for the government as they strive for poverty elimination. A large part of China's poverty elimination program is focused on attracting rural workers to cities, with jobs, education, and the ever upwardly mobile opportunities that education can provide - hence that insane construction pace. Kunming is planned to grow to a size of 10 million (but don't know the date on that plan).
Last time I checked - the city is at about 6.6 million, so we have another 3.4 million to go - so those 2000 unit mega developments (assume a family size of 4) housing up to 4 people, not including grandparents, in-laws, and others - 8k per development. That means ROUGHLY we'll need another 425 real estate development projects to house those 3.4 million additional residents.
That's another 850k families (3.4 mil/4,assuming a family unit of 4) consuming energy, services, infrastructure, e-bikes, cooking, water, toilet flushing, etc etc etc.
And that's JUST Kunming - there are 15 other prefectural level cities with supposed urban sprawl magnet program requirements as part of the nation's poverty elimination strategies.
So the author points out the displacement of a few thousand to a few hundred thousand people. Cast that against 3.4 million and things perhaps aren't quite as obvious - and again, that is ONLY based on Kunming plans. As we all noticed with the formerly famous and internationally maligned Chenggong ghost city (not so ghostly anymore), planned economies can be sustainably successful. And we didn't even discuss all the government (schools, 2 fly toilets, etc) and commercial infrastructures (restaurants, businesses, etc ad infinitum) that spawn from those residential communities. And we haven't even begun to address the energy sucking behavior of the internet and all its derivative industries - data centers, cloud computing centers, distributed corporate IT migration strategies.
Easy to criticize a microscopic spot than to manage the mega complicated system that is China.
However - that said - the author's points ARE valid and we do need alternate perspectives, so we understand the cost/benefit trade-off more responsibly.
And...I'll just get off that soapbox now...
Film Review: Paths of the Soul
发布者I'm thinking that's a pretty aerobic pilgrimage...
Editorial: Hydro expansion will fail without energy market reform
发布者um...yes - I actually meant central Asia - neighboring countries closer than say Shanghai, that would appreciate energy and be willing (maybe) to pay competitive rates for it (as opposed to just dumping the power potential).
Editorial: Hydro expansion will fail without energy market reform
发布者China is ramping up the use of e-vehhicles - which should take some of the capacity. I'm also wondering about whether we're exporting power to SE asia, which would seem to be an excellent market, and to the middle east where they DEFINITELY need power along the OBOR (one belt, one road).
1920s China through the lens of Joseph Rock: Simao
发布者I'm thinking his romanizations can be forgiven, given that putonghua was not standard and he's probably hearing a variety of dialectic Kunming hua and the incredibly diverse minority languages and dialects, when the locals or guides provide descriptions of various names and places, not to mention the various linguistic eccentricities of the various european missionaries.