Day: May 12, 2015

China’s “ghost cities”: a fever of destruction, construction, and abandonment [10/29]

A Chinese woman steadies a cart loaded with salvaged raw materials, which she collected from a demolished residential area on the outskirts of Beijing, Wednesday, Feb. 24, 2010. Rapid urban redevelopment is spreading to the outskirts of the Chinese capital as easy credit is fueling what some communist leaders worry is a dangerous bubble in stock and real estate prices.  (AP Photo/Andy Wong)

A Chinese woman steadies a cart loaded with salvaged raw materials, which she collected from a demolished residential area on the outskirts of Beijing, Wednesday, Feb. 24, 2010. Rapid urban redevelopment is spreading to the outskirts of the Chinese capital as easy credit is fueling what some communist leaders worry is a dangerous bubble in stock and real estate prices.… Read Full Article