Microblog insights

Jeremy Lin, a Harvard-educated Chinese-American, has emerged from being an ordinary person to an idol on the National Basketball Association court in the United States over the past couple of days. He helped New York Knicks to gain its sixth victory in a row with his game-winning 3-pointer in the last 0.5 seconds of the game. Lin's rise inspired many Chinese basketball lovers and many brands are also approaching him for cooperation. On Feb 17, Lin appeared on the cover of Time (Asian Edition) with the word "Linsanity".

HAPPY_XIAOXIEZI: Jeremy Lin's story is the latest inspiring story from the NBA.

JUDYLAMMMM: Jeremy Lin was criticized simply for not playing for a Chinese basketball team. However, I think everyone is entitled to the freedom of making their own choice.

QIUSHI08: After Lin's rise to fame, many people compared him with Yao Ming but I don't think it works this way because Lin is American and Yao is Chinese, and their positions on the court are different.

MEITIANYIKOUJIU: I learned a lot from Jeremy Lin.

Topic 2:

After a year since the release of the policies by Beijing Municipal Commission of Housing and Urban-Rural Development to regulate the property market in the city, the price of new homes has fallen below 20,000 yuan ($3,175) a square meter on average. The number of transactions of newly built housing fell 21.9 percent year-on-year to 83,541 units, according to the latest industry figures.

QIN-SHAN-INUNEMPLOYMENT: I hope that the price of housing will continue to plunge.

MIZHONGYING: After the implementation of the policies to regulate the purchase of housing, it witnessed a significant decrease in purchases from non-local residents.

LEIRENDAREN: Over the past year, in the new home deals, the number of first-time buyers accounted for more than 90 percent. In the past, the ratio of housing purchasing for investment and for self-residence was three to seven. This change demonstrates that speculation in buying houses has almost disappeared.

ALL THE INFORMATION IS FROM SINA WEIBO.

(China Daily 02/21/2012 page14)