Implosion of the China "Fabric City" Frenzy
Posted on July 26th, 2010 in Economy | Comments Off
Here is an interesting translation of a Chinese article regarding textile work and vacant cities in China. My “China Friend” who wants to remain anonymous writes … Hello Mish In Yangzi Delta Region alone, there are dozens of so called “International Garment Cities”. These cities are built under the direction of a local government investment plan. In many cases, huge parcels of land are sold to real estate developers, who promote the sale of individual shops which are to be built …
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Implosion of the China "Fabric City" Frenzy