Much has been said and written regarding over-building and malinvestment in China. A few...


Much has been said and written regarding over-building and malinvestment in China. A few pictures are in order: satellite photos showing some of China's empty cities.
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Comments (5)
  • Tom Au, CFA
    , contributor
    Comments (6879) | Send Message
     
    That town is in the middle of the desert in "Inner" Mongolia.
    15 Dec 2010, 05:49 PM Reply Like
  • Burning Madolf
    , contributor
    Comments (200) | Send Message
     
    Awesome pictures.
    15 Dec 2010, 05:53 PM Reply Like
  • Good Captain
    , contributor
    Comments (463) | Send Message
     
    So I guess we now know where all those excess $ went.
    15 Dec 2010, 05:54 PM Reply Like
  • Wall St. Cheat Sheet
    , contributor
    Comments (87) | Send Message
     
    Reminds me of the Lehman ghost town deals.
    15 Dec 2010, 06:04 PM Reply Like
  • D_Virginia
    , contributor
    Comments (2278) | Send Message
     
    If you pay someone like they live in a hut...they're gonna have to keep living in that hut.

     

    This is the imbalance that results when you produce high end products and services but don't pay your workers enough to afford the very products and services they spend all their days working on.

     

    You'll notice that Henry Ford generally had no shortage of buyers for his cars.
    15 Dec 2010, 06:39 PM Reply Like
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