Saturday, July 16, 2011

Chinese Ghost Towns? Get Ready to Feel Good About Being American Again

Chinese Ghost Towns? Get Ready to Feel Good About Being American Again: "It appears that a great deal of China’s economic growth has been through the strategy of the government building massive cities and universities that there is no demand for. All of the materials and labor that goes into these massive projects improves GDP. Unfortunately, its led to an estimated 64 million empty apartment units in China that are too expensive for most Chinese families to afford"