NATIONAL REVIEW ONLINE
It seems Tom Friedman’s awesome China is still practicing too much central planning, and appears headed for a hard fall. See this terrific broadcast report from Australian television about China’s ghost towns, which follows on the heels of several good print-media reports about this phenomenon, such as this one from the Daily Mail and this one in Time magazine.
Most revealing is a comment at the 11:35 mark of the video by a Chinese worker in the property sector: “I can’t tell you my views. Because I work in the property sector, I know a lot about it, I will get into trouble.”