“In a grim warning against rapid urbanisation in China, a top development official has said that reckless expansion of cities has turned many of them into ghost towns with no occupants in sight. Qiao Runling, deputy director of the China Centre for Urban Development, said local governments had relied on quick urbanisation to stimulate economic growth and generate fiscal revenue. State-run broad cater CCTV recently carried a report showing two such ‘ghost cities’ with massive apartment and commercial complexes with no occupants, leaving local governments in deep debts.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Gun Crime 'Out of Control' Despite Strict Australia Laws
House Democrat proposes police registration for neighborhood watchmen
Banks shiver as UBS swallows $885 million U.S. fine
West Virginia judge arrested for allegedly attempting to frame ex-lover’s husband
Massachusetts man arrested for wiretapping after filming police officer
Police Chief, Citing Joke Site: 'Legal Pot Killed 37 People On First Day'
Texas bank welcomes concealed handguns
Raul Castro promises end of an era in Cuba as he steps down as country’s president
Portland Diverts Entire Water Reservoir After Teen's Urination
Onerous ATF rules threaten to put gun dealers out of business
U.S media brings glitz to increasingly urbane Mongolia
For Virtual Prospectors, Life in the Bitcoin Mines Gets Real
U.S. Pulls Out of Egypt’s Bright Star War Game Over Massacres
Why is Gibraltar a British territory?
New Rochelle sued by veterans group over Gadsden flag removal