Vast new cities of apartments and shops are being built across China at a rate of ten a year, but they remain almost completely uninhabited ghost towns.
It’s all part of the government’s efforts to keep the economy booming, and there are many people who would love to move in, but it’s simply too expensive for most.
Video journalist Adrian Brown wanders through malls of vacant shops, and roads lined with empty apartment buildings… 64 million apartments are said to be empty across the country and one of the few shop owners says he once didn’t sell anything for four or five days.
So are the efforts to boost the economy going to end up having the opposite effect and creating a financial crisis for China?
Or, are these cities intended as a refuge for the elite? A huge panic room in case of real or manufactured emergencies? Inquiring Americans would like to know… Perhaps it is just the mother of all political/financial boondoggles, but the Chinese don’t seem to be that rash. Time will tell…
More disturbing in this documentary is the push for social justice – to have the government intervene – that home ownership should be a basic human right. This is a slick Marxist/Communist lie. Just as the serpent in the Garden of Eden, it sounds so tempting… But in reality it leads to slavery, misery and death. People would all be equal in poverty, squalor and hardship, not wealth and happiness. Study history; it is the same outcome time after time after time.