China’s skyscraper craze ‘may herald economic crash’

http://www.guardian.co.uk

China’s skyscraper craze ‘may herald economic crash’

Tall-building boom may indicate impending disaster in China and India, claims report by Barclays CapitalChina could be the next country to go bust, if its headlong rush to build ever-taller skyscrapers is a guide to its future economic health. According to a study by Barclays Capital, the mania for skyscrapers over the last 140 years is a sure indicator of an imminent crash.

published date:Wed, 11 Jan 2012 19:17:59 GMT
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