China's ghost towns and phantom malls

[popcorn]

China's ghost towns and phantom malls Lots of neat-o Pic's!

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.

read more:
www.bbc.co.uk/news/magazine-19049254

[baydoll]

They built another ghost town in Africa recently as well:

Why has China built a ghost town in Africa?

Eerie footage shows brand new Angolan city designed for 500,000 lying empty

It was supposed to be a state-of-the-art city for 500,000 - but eerie footage shows how a Chinese-built urbanisation is at risk of becoming Africa's first 'ghost town'.

Constructed on the outskirts of Angola's capital city Luanda, Nova Cidade de Kilamba has 750 eight-storey blocks of flats, a dozen schools and more than 100 shop units.

But, crucially, it has no residents, and many of the nearby slum-dwellers cannot afford the £75,000 price-tag to move in.


Empty: It was supposed to be a state-of-the-art city for 500,000 - but eery footage shows how a Chinese-built urbanisation is at risk of becoming Africa's first 'ghost town'



Huge: Kilamba is the largest of several 'satellite cities' being built by Chinese firms in Angola, and believed to be one of the biggest new-build projects in Africa

Read more: www.dailymail.co.uk/news/article-2168507/Footage-shows-brand-new-Angolan-city-designed-500-000-lying-empty.html#ixzz23XiqrExe

[emortimer]

This is all to make their numbers look good...that still is hard for me to get...send me the money and I will build something everywhere for China to put their name on...no problem look at how many places would say "Come worship Jesus for He saved you" built by China
FREE FOOD

[baydoll]

That would be totally okay with me, Emo.