Advanced Business Park is an obscure Chinese real estate developer that appears to have only one completed project to its name – a large development on the outskirts of Beijing in the city’s least affluent district.
Xu Weiping, chairman of ABP, is a former government official whose biography suggests he worked in the same government institute at the same time as Wang Qishan, a member of the seven-person Politburo Standing Committee that effectively runs China.
Mr Xu’s development in Beijing was launched in 2003, about the same time Mr Wang was appointed mayor of the Chinese capital. On the ABP website and in Chinese media reports, Mr Xu and ABP have stressed their good relations with local govern-ments and senior officials.
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