China – World’s Biggest Mall A Ghost Town – video

Bloomberg’s Paul Allen reports from Dongguan, China on the New South China Mall, which has remained mostly vacant since it opened in 2005. Jim Chanos, the hedge-fund manager who was one of the first investors to foresee the 2001 collapse of Enron Corp., reiterated last month China is on a “treadmill to hell” because of a reliance on property development for economic growth. (Source: Bloomberg)

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