China’s Ghost Towns
Mumbai Mirror ( June 20,2011 ) had following to write about China’s ghost towns :
Ø China has been building an average of 10 cities / year over the last few years
Ø Recently, China announced plans to build 20 cities / year for the next 20 years ( 400 brand new mega cities ? )
Ø There are more than 70 million uninhabited houses in China
Ø Apartments in Chenggong ( a fishing village near Hong Kong ) are selling for up to $ 80,00 , with no takers !
Ø Some of these ghost towns are twice the size of Los Angeles ! Some don’t even have a name ! All of them have a world-class facilities with empty shops, unused roads and no residents !
Ø China consumes more steel, iron ore and cement per capita than any industrial nation in history.
Ø Walking thru these towns is like walking thru a forest of skyscrapers, but they are all empty.
• Incidentally, world’s biggest mall is in China – except that it is only 1 % occupied !
It would be a win-win situation, if China could “ export “ some of these ghost towns to India which is facing a current shortage of 25 million dwellings, and / or India “ exports “ to China, some 100 million Indians !
Jobs for All = Peace on Earth
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