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China’s Ghost Cities: 64 Million Empty Apartments in China

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from Journeyman Pictures, via Global Research:

Vast new cities are being built across China at a rate of ten a year, but they remain almost completely uninhabited ghost towns. Racing to stay ahead of the world economy, is the superpower about to implode?

There are around 64 million empty apartments in China”, claims analyst Gillem Tulloch. It’s all part of the Chinese government’s efforts to keep its economy booming and there are plenty of people who would love to move in but the properties are priced out of the market.”

 

GR Editor’s Note

What these figures signify is that there are enough empty apartments to house close to 15 percent of China’s population, assuming an occupancy rate of 3-4 persons per apartment unit. Bear in mind, the urban population for China as a whole is of the order of 800 million and these empty apartments could potentially house approximately one quarter of the urban population. Corporate capitalism prevails in the PRC, which claims to be a Communist country: Under a real socialist or democratic government, these empty apartments would be nationalized and made available to those in need of housing. – Michel Chossudovsky, Global Research, December 22,2014, updated September 30, 2015

There are around 64 million empty apartments in China”, claims analyst Gillem Tulloch. It’s all part of the Chinese government’s efforts to keep its economy booming and there are plenty of people who would love to move in but the properties are priced out of the market.

Read More @ GlobalResearch.ca



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    Total 10 comments
    • Redeemer

      They have been built to house the ‘chosen one’s’ when the end game reaches it’s final climax!

      More on the agenda here……

      /global-unrest/2015/09/have-the-useless-thinkers-sealed-our-fate-2468834.html

    • Anonymous

      This is for Americans that are carried away to captivity because of our sins.

    • wilbert Jennings

      The rich nd super wealthy may mow something we don’t . There is gossip concerning hidden cities hid in the mountains of America.

      • NWO for Dummies.

        thats right…and underground.

    • tatsmaki

      According to a exposure by “Newsland.ru”, the leadership of ruling CPC is promoting the high tempo economic development by capitalism. China has taken over the US FRB and is promoting rule of the US economy.
      But, in result, in China the poor reached 700 million people, and peoples being lower than the line of poverty, i.e. under the conditions of the threat of survival – 160 million people.
      Therefore, according to a notice by the Creators, in China the new people’s revolution occurs and wins close. Pointing out by the article “Before It’s News” is right hereto.
      The new CPC after the new people’s Revolution will promote the transition to the new Earthly society of everythig gratuitous services in all areas of social life of Earthians, following the instruction by the Creators.
      http://tatsmaki.blogspot.jp

    • Nanny4Granny

      They are preparing for planet X passing by, and the subsequent pole shift, that will flood the coastlines. They won’t miss a beat in their production schedule, they will just move everyone when the times approaches.

    • amy2x

      The Japanese may need to move there soon.

    • Eggzactly

      I guess slave labor that makes cheap junk cant afford those places huh?

    • NWO for Dummies.

      They’re for target practise

    • Pink Slime

      This is what happens when a communist decides he wants to be a capitalist. They will find it is not as easy as they thought. You can’t just throw money at something you IDIOTS!

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