Tuesday, March 29, 2011

[Video] An In Depth Look at China's Empty Cities

Australia's SBS Dateline has an in depth on the ground look at the construction boom in China, which is created a subset of empty cities.  We've touched on this in the past but this is the most comprehensive piece I've seen yet.  It looks like Jim Chanos, Hugh Hendry and the like are definitely onto something... seems like the country has more than one Ordos.  [Nov 13, 2009: Ordos - China's Empty City]

14 minute video - email readers will need to come to site to view

Hat tip to BusinessInsider for this find.

Earlier posts on the topic:

[Dec 16, 2009: CNBC Video - Hedge Fund Maven Jim Chanos on Autos, Banking, and China] 
[Jan 8, 2010: Hedge Fund Manager Jim Chanos Continues to Sound the Warning on China]
[Mar 4, 2010: Hugh Hendry Continues to Doubt China]
[Jul 21, 2010: A Reader's Observations of China] 
[Dec 10, 2010: Jim Chanos Remains Bearish on China with some Compelling Statistics]
[Jan 14, 2011: [Video] Behold China's Nearly Empty Mega Mall]

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