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The phenomenon of China’s ghost cities has led to China bears, like Jim Chanos, steering investors away. But, they’re all dead wrong. Here’s why.
An additional $2.7 billion has been slated to be pumped into Lingang New City, reaffirming yet again that China doesn’t give up on its ghost cities.
The ghost cities in China have it all - high rise apartments, lakes, roads, shopping centres. The only thing missing is the inhabitants. Today, China has more than 50 underpopulated ghost cities.
In the past 50 years, China has built around 500 new cities. The country’s sprawling new urban areas have been instrumental ...
Built it and they didn't come. That could be the motto for China's infamous "ghost cities" — vast housing complexes that were frantically erected over the past decade but remain largely uninhabited.
People have known about China's "ghost cities" for years, but it turns out finding and tracking these massive, mostly empty housing developments is pretty much as difficult as hunting an actual ghost.
Various claims of empty malls and ghost cities. The UK Dailmail says – * Zhengzhou New District residential towers: Soaring property prices in China and high levels of investment has fueled the ...
As China stabilized and began rising economically in the late 1980s, the country dived into a national infrastructure rejuvenation program that saw the wholesale rebuilding of virtually every city ...
Tales of “ghost cities”—entire districts of unsold homes—started making headlines in 2010, ... → Why China needs to fill its empty homes; ...