Things aren’t booming as much as they used to in China. (West Kowloon Terminus in Hong Kong).
After a boom in construction and investment in real estate projects in recent years, work is drying up amid a slowdown in the world’s second largest economy.
Property developers are cutting back on new projects, and with construction starts down 16% in the first half this year from a year ago, many firms are cutting salaries or letting staff go. […]
“We are adjusting to a slower pace of urbanization in China with a recovery of the American and Middle East markets” — blogs.wsj.com
Archy Naija 
What kind of impact do you think the high levels of infrastructure and residential construction work or “ghost cities” as they are often called, may have on the economy if these private and public loans do not come to fruition? This is assuming that middle-class purchasing power doesn’t increase allowing these cities to be filled.
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