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That's interesting, but I don't know what I'm supposed to take away from it. The article is trying to spin it as negative, but they never get to the point. In
by jlarocco 8y ago
That's interesting, but I don't know what I'm supposed to take away from it. The article is trying to spin it as negative, but they never get to the point.
In the United States we'd never preemptively build up a city like this, so obviously China is different, but I don't see what the problem is. They have lots of interview with people saying buildings are empty, but nothing official saying it's a problem or that the Chinese government is worried about it. What were the expectations for filling the buildings? Are they behind schedule?
And sure, $4.5-10 trillion in debt sounds bad, but it's less than half of ours in the United States.