Home > Economics, Environment > The ultimate insanity of China’s deserted city

The ultimate insanity of China’s deserted city

China, like most countries recently apart from Ireland, has had massive increases in government spending to maintain it’s economy in the face of falling global demand. This has included rebates on white goods, and massive real estate investments. This report from al-Jazeera shows the end product of pursuing the empty economic goal of constant GDP growth – a city built for a million people, standing largely empty…

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