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Isabel Hilton reports on the explosion of capitalism that is transforming China's ancient capital

China's ancient capital - dating back to the 15th-century Ming emperors - withstood even the advent of Communism in 1949. But now the explosion of capitalism is transforming Beijing into a world-beating megalopolis amid a frenzy of building, commerce and art that has rocked the city's teeming millions with a new revolution The national stadium, also known as the Bird's Nest, in Beijing, China. Photograph: Robert F. Bukaty/AP On a corner of the eastern extension of the Avenue of Eternal Peace, the broad, straight east-west boulevard that Mao Zedong cut through the heart of Beijing, Beijing's oldest and newest cultures lie in bizarre proximity. Deep below the avenue, in a room carved out of an underground station, fragments of bone and flint are on display. They were excavated from a Paleolithic site discovered in 1996 during... [read full story]                    

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