Sunday, October 02, 2011

China's Ghost Cities, SBS Dateline

"Vast cities are being built across China at a rate of ten a year, but they remain almost uninhabited ghost towns. It's estimated there are 64 million empty apartments."

Uploaded by DatelineSBS on Apr 11, 2011

"One remarkable piece of economic news barely rated a mention this week, China surpassed the United States as the world's leading manufacturer. It is hard to grasp the magnitude and speed of China's economic transformation, however, things may not be as rosy as they seem. It's estimated that ten new cities are being built every year - a sign of future growth or just another bubble waiting to burst? Adrian Brown reports."

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