Hmmm still doesn't counter the fact that there is overdevelopment in China, just this year CNN ran a story on a ghost district in Tiajin.... http://www.cnn.com

Hmmm still doesn't counter the fact that there is overdevelopment in China, just this year CNN ran a story on a ghost district in Tiajin.... http://www.cnn.com/2015/01/19/world/gallery/china-tianjin-ghost-city/index.html http://www.cnn.com/2015/01/19/world/gallery/china-tianjin-gh... Also Vice had an episode featuring ghost towns: http://motherboard.vice.com/blog/explore-chinese-ghost-towns-in-tonights-episode-of-vice-on-hbo http://motherboard.vice.com/blog/explore-chinese-ghost-towns... Yes our news media likes to hype up anything China these days. The problem with overdevelopment is not that the cities remain empty, it is the debts that come with them (http://www.bloomberg.com/news/articles/2015-01-04/china-s-cities-face-judgment-day-on-debts-as-costs-soar http://www.bloomberg.com/news/articles/2015-01-04/china-s-ci...). I can imagine many Chinese cities with flashy buildings are deep in debt, American style.