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A Stunning Look At China's Ghost Cities

Posted: 5th Apr, '11, 20:49
by Joseph27


This is well worth a look - interesting insight into China

Re: A Stunning Look At China's Ghost Cities

Posted: 6th Apr, '11, 07:01
by Aliya
Is this a ghostly picture, I can't see it :(

Re: A Stunning Look At China's Ghost Cities

Posted: 6th Apr, '11, 09:16
by Snaffled
Do you mean the economic data and growth fed to the world by the Chinese Communist Party is not 100% accurate? Gasp!

Re: A Stunning Look At China's Ghost Cities

Posted: 6th Apr, '11, 10:14
by slinky
Snaffled wrote:Do you mean the economic data and growth fed to the world by the Chinese Communist Party is not 100% accurate? Gasp!
Shocking, isn't it?!

:lol:

Re: A Stunning Look At China's Ghost Cities

Posted: 6th Apr, '11, 15:00
by Joseph27
Information coming out of the CCP is not expected to be believed - thats a given, an obvious bubble being flattly ignored is more problematic especially given Australia's reliance on this engine to continue. There are so many factors at play in China - its basically a case of doing everything they can to keep growth at a level sufficient to absord enough new entrants into the market. 64 million vacant properties and even more people searching for homes without the money to pay... It seems like a recipe for a correction.

Re: A Stunning Look At China's Ghost Cities

Posted: 6th Apr, '11, 16:41
by Fat Bob
You sound like a recipe for correction!

Re: A Stunning Look At China's Ghost Cities

Posted: 6th Apr, '11, 20:27
by Joseph27
Wise words from a man who knows how to ski

Re: A Stunning Look At China's Ghost Cities

Posted: 7th Apr, '11, 02:33
by Fat Bob
You sound like a man who knows how to ski!