A photo from open sources
There are now about 64 million empty apartments in China, and although they are can not afford the population, construction continues.
Great economic news came this week – China has surpassed the United States as the world’s leading producer. It is hard to imagine the scope and pace of economic China’s transformation, but reality may not be so rosy as she seems. It is believed that every year China ten new cities are being built – a sign of future growth or another bubble to burst? Adrian Brown Report: (in In principle, even without much knowledge of English, everything is clear – first report from the shopping center, where there are almost no stores, and the seller sold one toy per day, although he sometimes has to wait the next customer for several days. Then another city offer duplex for 300,000 dollars half – immediately, the second half must be paid within 3 years. Such money the majority of the population is not, therefore ten people in one apartment, including public housing workers construction refusing interviews so as not to lose work. According to some estimates, there are now more than 64 million in China empty new apartments).
A photo from open sources
After viewing, a simple question arises – why the economy generally should grow every year, destroying land, water and air; why do we need to increase the mythical GDP that God knows is calculated how (in America, for example, the amount that you as the owner could receive by renting his house, and ten the bucks you pay to the hairdresser turn into 20 bucks GDP, since you received services for 10, and the hairdresser earned 10 dollars – that’s where the HSE’s legs grow). But the report is very It’s also interesting because China has already clearly collided with the crisis of overproduction in real estate, but what about affairs in other areas, behind the winning figures of economic growth and GDP will not see.
China Economy
