east and SE Asia story board

east and SE Asia story board
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  • China's Ghost Cities
  • Most people are wondering why China is so anxious to boost thier GDP by investing a lot of money in real estate. Here's why, China doesn't operate on a supply and demand system.
  • It is predicted that china will have an economic crash because it doesn't follow the supply and demand system.
  • If China doesn't switch to the supply and demand system, I personally feel that these ghost cities wont stop being built.
  • Pretty much, China is building all these cities to get people to move out west but they are getting the opposite results.
  • Even if people start moving into these cities, the government would have to build hospitals, schools,police stations, etc to make jobs for those people.Also, they would need a way to let people commute.
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