Rapid development of chinese cities

[nika]

 

[nika]

 

[TATA]

This is a serious issue for china and the world as chinese govt. is building cities after cities with no people to stay.

These empty cities are dead assets but chinese govt. just wanna spend billions to show case to the world that its economy is growing.

They can't do it for infinite period.

China – Massive Government Stimulus Equals Empty Cities

Ghost Towns in China Prove GDP is a Farce | Wall St. Cheat Sheet

The Other Side Of China's 8% GDP "Growth": Ghost Cities

The Other Side Of China's 8% GDP "Growth": Ghost Cities | zero hedge

The Three Big Dangers For China's Real Estate Sector - Forbes.com

China to Enter Three Year Decline as Problems Mount | China Briefing News

 

[xuxu1457]

the population of these 'empty cities'
Chongqing 31million
Beijing 18million
Shanghai 22million
Guangzhou 12million
Hangzhou 8million
Shenyang 7.8million
Nanjing 7.4million
Xiamen 2.5million

 

[nika]

Changzhou

 

[nika]

 

[nika]

 

[nika]

 

[nika]

 

[nika]

 

[nika]

 

[nika]

 

[nika]

Nanning

 

[nika]

 

[nika]