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China’s economy haunted by endless fraid of ghost cities

April 1, 2024 - 00:01 -- Admin

Some of the statistics in this tour de force of Chinese ghost cities is are mindblowing: property values down 90%; enough vacant realty to house double the population; hundreds and thousands of towns with occupancy rates below 10%; mysterious hulks of half-completed developments designed on hallucinogens. All of it was built with Aussie commodities and

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