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China's Ghost Towns

February 17th, 2016

Episode 461 of 770 episodes

There are millions of vacant homes in China. Ghost towns litter the countryside. So is China in the midst of a property bubble? And what does that mean for the country's banks, its faltering economy and the rest of the world? The BBC's Jane McMullen reports and speaks to Wang Shi, founder and chairman of China Vanke, the world's biggest home builder by revenue. Also, Juliana Liu reports from Hong Kong which struggles with the opposite problem; too little housing. And after many of our listeners got in touch, we give a snapshot of who they are, and where and how they listen to the programme. (Photo: STEPHEN SHAVER/AFP/Getty Images)

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