Name: 781189328 / News Footage / Apr 17, 2017
Uploaded: 2017-04-17
Channel: AFP
Description: Tears and cheers greet China's new economic zone The planned Xiongan New Area currently measures 2,000 square kilometres (772 square miles) and has less than one percent of Beijing's economic output, but last weekend’s announcement sparked a real estate speculation frenzy as out-of-town home buyers from across the country descended on the previously unknown area. IMAGES of Xiongan New Area

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781189328 / News Footage / Apr 17, 2017

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Tears and cheers greet China's new economic zone The planned Xiongan New Area currently measures 2,000 square kilometres (772 square miles) and has less than one percent of Beijing's economic output, but last weekend’s announcement sparked a real estate speculation frenzy as out-of-town home buyers from across the country descended on the previously unknown area. IMAGES of Xiongan New Area

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