However, the focal point of the urbanisation boom is China, which has an estimated 65m vacant properties. Their construction coincides with the “greatest level of bank lending in the history of the world”, says Bill Rhodes, the veteran Citi banker. In 2009, total Chinese credit expanded by almost half of gross domestic product. In 2010, it repeated this feat.
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China Said to Expand Property Survey Amid Oversupply Concern - 1 views
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World's longest superconductor cable yields first new technological knowledge - 0 views
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