+16 16 0
Published 10 years ago by MissyE with 2 Comments
by MissyE
10 years ago 2

China Plans to Spend More Than $162 Billion on Shantytowns

China said it will invest more than 1 trillion yuan ($162 billion) redeveloping shantytowns this year as the government detailed how it will boost its urban population to support growth.

Continue Reading http://www.businessweek.com

Join the Discussion

  • Auto Tier
  • All
  • 1
  • 2
  • 3
Post Comment
  • messi
    +1

    More Chinese property debt, sounds legit.

    10 years ago
    Reply
    Save
  • rawlings
    +1

    I don't get why don't they just let these people live in all those ghost cities with literally hundreds of thousands of vacant homes.

    10 years ago
    Reply
    Save

Here are some other snaps you may like...

discover your
interests.

Check out our front page for a lot more stuff!

China stocks rise after Beijing acts to avoid crash

China central bank under pressure to weaken yuan further: sources

China Unleashes $483 Billion to Stem the Market Rout

Rise of the Red Prince

China removes more than 100,000 'phantom' government officials