In China, an untamed boom – AP

From Associated Press via the Boston Globe:

The projects sound innocuous enough: “Star Town,” “Dingji Mountain Villas,” “Rockefeller Center.” A massive new traffic police headquarters. Sunhere International Mall, floor space sufficient to cover 123 football fields.

The flurry of construction in Changsha, a southern Chinese city astride a cocoa-colored river is typical of the building frenzy that has Beijing’s economic planners worried.[Full Text]

July 13, 2006 5:19 AM
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Categories: Economy