THE GREAT HAUL　OF THE PEOPLE

摘要

A 56-year-old academic has just made the buy of his life: a 45-square-me-ter apartment. His employer, the Chinese Academy of Sciences, was also his landlord until last year, when the bespectacled physicist paid $3,400 for the place, located in Beijing's choice Zhongguancun neighborhood of universities and research institutes. The professor could have remained a tenant and kept paying a paltry $5 monthly rent. But the academy offered him a price only 10% of the market value. After five years, he'll have the right to sell his flat at a hefty profit.