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China's ghost towns and phantom malls
As growth slows, China's huge investment in infrastructure is looking ever harder to sustain, leaving a string of ambitious projects - towns, shopping malls and even a theme park - empty and forlorn.
— bbc.co.uk
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1 Comment
how is this factoid not representative of a bubble? "In Chenggong, there are more than 100,000 new apartments with no occupants," according to the World Bank's Holly Krambeck" ?
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