Inner Mongolia Property Mogul Bites the Dust
Bayan Nur is a city nestled in the crook of a crescent-shaped valley, between the Yellow River and a desert, and surrounded by productive farms. It's name is Mongolian for "fertile lake," owing to the swampy Lake Wuliangsu on the crescent's eastern edge.
Bayan Nur is also an economic hub for north-central Inner Mongolia Autonomous Region that's prospered in recent years on the back of a local real estate boom.
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