China's ghost towns and phantom malls

[DrLeftover]

This really didn't seem to fit in any other thread.



But I found it interesting.

As growth slows, China's huge investment in infrastructure is looking ever harder to sustain, leaving a string of ambitious projects - towns, shopping malls and even a theme park - empty and forlorn.



We have spoken a lot about these ghost towns in Ireland and Spain recently [but China] is Ireland and Spain on steroids, says Kevin Doran, a senior investment fund manager at Brown Shipley in the UK.

http://www.bbc.co.uk...gazine-19049254

 

[Evil Eye]

Hmm, looks like a good opportunity to get a hold of half a town. If you keep maintaining it, people will move in eventually... and if you don't, you'll have a lot of space to put stuff. Oh, better yet, put a fence around it and sell paint ball guns at the gate!

 

[DrLeftover]

You could find some rogue artists and some aging hippies and a few has-been musicians and have yourself one hell of a commune.

 

[JetWing34]

There are births of Chinese cities but deaths of Chinese amusement parks. They seem to care about the new residential opportunities rather than the amusement.

 

[Evil Eye]

You could find some rogue artists and some aging hippies and a few has-been musicians and have yourself one hell of a commune.

That sounds even better.