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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