"Who wants to be the mayor that reports that he didn't get 8% GDP growth this year? Nobody wants to come forward with that. So the incentives in the system are to build, and if that's the easiest way to achieve that growth, then you build."
From Infectious Greed. Via Andrew Sulivan's Daily Dish.
Sunday, November 29, 2009
Ordos: China's Empty City
By
Stephen M.
Labels:
Andrew Sullivan,
China,
Economics,
Videos
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