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Published 11 years ago by MissyE with 2 Comments
by MissyE
11 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

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  • messi
    +1

    More Chinese property debt, sounds legit.

    11 years ago
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  • 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.

    11 years ago
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