To be sure, there have been real-estate bubbles in many Chinese cities, and these have been popping.
Tennis courts and academies are sprouting up in many Chinese cities, attracting youths who aspire to become the country's next big stars.
Users in Beijing and many other major Chinese cities, including Shanghai, Chongqing, Chengdu, Shenzhen and Guangzhou, reported the same problem.
As of 2011, Chinese firms in many cities were facing worker shortages, while strikes and worker unrest recently forced some of the largest employers to boost wages by 24% to 80%.
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Forbes talked to Newsom on Saturday about how, at a time when so many American cities are chasing Chinese investment, San Francisco pulled in those businesses, and why Chinese investment in the U.S. energy industry, a sensitive area where only five years ago the proposed purchase of Unocal (now part of Chevron) by Chinese state-run Cnooc ran into political turbulence, is now seemingly more welcomed.
Rising income disparity has threatened to price out many working and middle class Chinese from the coastal cities.
These days, many well established Chinese law firms in the major cities have an international department that includes a foreign-credentialed lawyer.
"Fewer fireworks have helped to decrease air pollution in some Chinese cities, but high readings of air pollutants have made many wonder if greater efforts need to be made, " Xinhua news agency comments.
The official GDP growth is still widely quoted, in spite of the fact that even the Chinese statistical office has admitted that many of the numbers of the provinces and cities reported to it are totally false.
Air quality in Beijing and other Chinese cities reached hazardous levels during the winter, sickening residents and prompting many to wear masks.
Yi Xianrong of the Chinese Academy of Social Sciences says housing costs, which have been rising fast in many cities in recent years, are not given due weight in the index (food accounts for a third of the index and housing less than 14%).
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In the countryside, Chinese merchants have provided the main distribution channels, but recent attacks against them have prompted many to flee to the cities or abroad.
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