You MUST SEE this 60 Minutes expose on China's Ghost Cities : "At present, the Chinese economy is a combination of (loosened government restrictions) and bizarre central planning. These ghost cities are heavily financed by local governments and the money that investors use to buy the properties is pumped about by China’s central bank, The People’s Bank of China."
Also understand that the "bubble" that "may break" will break. It is an inevitable consequence of the misallocation of resources that is exacerbated by government intervention.
(Via.) Liberty Crier
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