31 Mar '11, 10pm

China’s ghost cities and the biggest property bubble of all time via @grist

A couple of months ago, a lot of people were passing around the news about China's plan to create a megacity that would be home to 42 million people, the so-called "Turn the Pearl Delta Into One" idea. The reporting was generally favorable, painting a picture of economic growth and opportunity -- the narrative of a prosperous China, with a growing middle class, that has become commonplace in recent years. Unfortunately, the view of China's urban planning strategies from the ground is less shiny. A riveting report from Dateline, an Australian TV show, reveals a disturbing pattern of development for development's sake -- the construction of gigantic infrastructure projects with no regard for human needs. (Hat tip to WalkableDFW .) Take the New South China Mall , in Dongguan. The Dateline crew took a tour of the place, which has been 99 percent vacant since it opened in 2005,...

Full article: http://www.grist.org/cities/2011-03-31-chinas-ghost-citie...

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