Monday 24 January 2011

The other side of Chinese growth

Ghost Cities

These amazing images show sprawling cities built in remote parts of china which are completely empty, even years after construction!  China in their drive for high GDP figures has created a huge real estate speculative boom which is at dangerous levels. Around 20 new cities are built every where which find few end users.

Read more at myfunniestposts.blogspot.com
 

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