| |||||||||||
China’s empty city
China’s economy is continuing to grow despite the global recession, helped by a massive government stimulus package of $585 billion. But doubts remain whether such strong growth can be sustained by public spending alone. Al Jazeera’s Melissa Chan reports from Inner Mongolia, where a whole town built with government money is standing empty. Source: YouTube, November 10, 2009. More on this topic (What's this?) China’s Factories Improve (Wall Street Daily, 2/1/12) Scary: Why China is Buying Gold Like Mad (Learn Mining News, 1/30/12) 10 Experts Pick the 10 Best Stocks for 2012 (Money Morning, 1/10/12) Leave a Reply | |||||||||||
Copyright © 2012 Investment Postcards from Cape Town - All Rights Reserved Performance Optimization WordPress Plugins by W3 EDGE | |||||||||||
Recent Comments