Monday, December 30, 2013

[batavia-news] Ghost towns amid China's building boom

 

 

 

 

 
 

Ghost towns amid China's building boom

In Beijing, affordable accommodation is almost impossible to find, but newly built cities in some rural areas are empty.

Last updated: 28 Dec 2013 03:48
Listen to this page using ReadSpeaker
Email Article
Print Article
Share article

Housing has become prohibitively expensive in established Chinese cities, and as provincial governments expect more rural Chinese people to move to urban areas, they are creating new cities.

Yet hundreds of apartments in these new cities remain empty, with speculators driving up the prices.

Al Jazeera's Andrew Thomas reports from Cheng Gong, China.

Housing has become prohibitively expensive in established Chinese cities, and as provincial governments expect more rural Chinese people to move to urban areas, they are creating new cities.

Yet hundreds of apartments in these new cities remain empty, with speculators driving up the prices.

Al Jazeera's Andrew Thomas reports from Cheng Gong, China.

__._,_.___
Reply via web post Reply to sender Reply to group Start a New Topic Messages in this topic (1)
Recent Activity:
http://groups.yahoo.com/group/batavia-news
to Subscribe via email :
batavia-news-subscribe@yahoogroups.com
----------------------------------------
VISIT Batavia News Blog
http://batavia-news-networks.blogspot.com/
----------------------------
You could be Earning Instant Cash Deposits
in the Next 30 Minutes
No harm to try - Please Click
http://tinyurl.com/bimagroup 
--------------
.

__,_._,___

No comments:

Post a Comment