China's Ghost Cities
Reader comment on: Chris Christie's Xanadu
Submitted by Michael E. Marotta (United States), May 11, 2011 10:11
On the "Economic Policy Journal" a libertarian blog, for May 10, 2011, was a mention of China's "Ghost Cities." To maintain the fiction of full employment, the government of China has built perhaps (or at least) a dozen cities for a million or more which are now largely if not completely unoccupied. Apparently, the problem is not special to them.
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