04.08.2010 - Fear empty flats in China's property bubble
From Marketwatch.com: How many flats in China are sitting empty? The media recently floated a story -- denied by power companies -- that 64.5 million urban electricity meters registered zero consumption over a recent, six-month period. That led to a theory that China has enough empty apartments to house 200 million people. Statistical transparency is lacking in this area, so the truth about empty apartments remains under wraps..............................................Full Article: Source
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