China Bubbles?

choi

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In Chronological order:

(1) Michael Forsythe and Kevin Hamlio, The Building Bubble in China; Much of
China's stimulus money was spent on skyscrapers. Fears of a real estate
bust have followed. BusinessWeek, Feb. 18, 2010.
http://www.businessweek.com/magazine/content/10_09/b4168018737687.htm

My comment: Naturally the print edition has more photographs, including one
at Table of Contents.

(2) Geoff Dyer, China: No one home
Financial Times, Feb. 21, 2010.
http://www.ft.com/cms/s/0/47cfb09c-1f0f-11df-9584-00144feab49a.html

Note:
(a) Chenggong 呈贡县
http://zh.wikipedia.org/wiki/%E5%91%88%E8%B4%A1%E5%8E%BF
(云南省昆明市下属的一个县)

(b) Yu Yongding 余永定
(c) flyover (n): "British: OVERPASS"  www.m-w.com

Quote:

"For them [optimists], places such as Chenggong are not waste but a much-
needed upgrade for the poorest parts of the country.

"Meanwhile, a high-speed rail line will connect Kunming to Shanghai, nearly
2,000km away * * * The construction of a bridge has completed a road linking
Kunming to Bangkok, while a bridge on another road joining Yunnan with
northern Vietnam is nearly finished. Road and rail links to the border with
Burma are also being improved and a Rmb23bn airport is under development,
with the aim of making Kunming a hub for tourism in south-east Asia.


(3) 罗格夫：中国债务泡沫将导致经济滑坡. VOA Chinese, Feb. 25, 2010.
http://www1.voanews.com/chinese/news/Rogoff-Says-Land-Might-be-China-Debt-Fueled-Bubble-20100224-85245892.html

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