Quotable
Updated: 2013-08-15 08:05
(China Daily)
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"Healthy urbanization must be based on market demand. The campaigns in many areas to build new cities are actually diverting from market demand. When real estate development exceeds actual demand, ghost towns appear."
Yang Baojun, vice-president of the China Academy of Urban Planning and Design, tells Southern Metropolis Daily why a large number of empty cities are appearing in China.
(China Daily USA 08/15/2013 page3)
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