Tag: GDP

Didn’t get enough of ghost town porn from that SBS Dateline report on China’s empty cities? Well, then you’ll want to watch the video above from Al Jazeera English about the same topic. I find that this video here explains the whole China GDP growth issue in a way that is a lot easier to […]

SBS Dateline published this report on China’s alarming real estate bubble that has created mega-malls and developments that are essentially ghost towns. The problem lies partially in China’s target GDP growth which dictates a certain amount of growth per year. The easiest way to meet the GDP target? To build, build, build! Thanks Clarence!