Revealed: New Satellite Images of China‘s ’Ghost Cities’You know that show “Modern Marvels?” I think it‘s fair to file China’s swelling “ghost cities” under that category.
You’ll remember that we first brought you video of this phenomenon back in March. Back then, we noted that China is building about 10 new cities a year. However, the problem is that no one is occupying them. China’s just building buildings to build buildings, and possibly inflate infrastructure statistics. And they keep doing it.
This week, Business Insider published new satellite images of the infamous ghost cities, along with this update (which could explain why China has just become the world’s top energy consumer):
This week we asked analyst Gillem Tulloch what has happened in the past six months.
“China built more of them,” Tulloch said. “China consumes more steel, iron ore and cement per capita than any industrial nation in history. It’s all going to railways that will never make money, roads that no one drives on and cities that no one lives in.”
“It’s like walking into a forest of skyscrapers, but they’re all empty,” he said of Chenggong.
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