https://thenanfang.com/construction-continues-unabated-chinas-ghost-towns/ Daily news and views from China. Fri, 19 Jun 2015 07:13:00 +0000 hourly 1 http://wordpress.org/?v=4.2.2 https://thenanfang.com/construction-continues-unabated-chinas-ghost-towns/#comment-12332 Tue, 24 Mar 2015 17:52:00 +0000 https://thenanfang.com/?p=147994#comment-12332 And all of a sudden, the government is pushing to make the RMB an international currency… I wonder why.

]]> https://thenanfang.com/construction-continues-unabated-chinas-ghost-towns/#comment-12329 Tue, 24 Mar 2015 07:09:00 +0000 https://thenanfang.com/?p=147994#comment-12329 That vacancy rate of 15% in 12 cities in interesting though as far as I’m aware way under the actual amount. A China Daily report from June last year (http://europe.chinadaily.com.cn/business/2014-06/12/content_17583164.htm) stated vacancy rates countrywide of 22,4% in 2013! This was based on a study of 6 major cities, with the lowest rates of 18.5% in Shanghai.

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