China Gets a New Skyscraper Every 5 Days and The Vast, Empty Cities of China

Somewhere in China, a skyscraper (or two) is ‘topping out’ this week. They are building the equivalent of Chicago every year. Read more in this article from The Telegraph.

Makes you think. But it is seemingly leading to …

Meanwhile, China builds, builds and builds. I guess they need to put their money into something, and real estate’s always been a popular choice. The problem, apparently, is that all these new epic apartment developments are out of the price range of most Chinese. So they just sit there, empty. Check out Time Magazines photo series on the phenomena here.