Story about the largest mall in the world located in China

What a Bizarre story! If this is how China achieves the huge growth rates, this is also how its bubble will burst.

Here is another evidence:

http://www.bbc.co.uk/blogs/thereporters/jamesreynolds/2009/04/chinas_olympic_venues_now.html

Yet another one is here:

http://www.economist.com/blogs/gulliver/2011/02/high-speed_rail_china

However, this article says it is the strategy of China to keep building.

http://www.nytimes.com/2010/02/07/weekinreview/07wines.html

>>"Here in the nation that is too big to fail, as long as the bad loans don’t overwhelm the good, the waste is tolerable. That, to me, is the essence of the Chinese strategy,Just keep the machine going fast enough.”>>

I am not really convinced this is going to work.

This is the same argument that we heard during the dot com bubble, the housing bubble and the other bubbles of the Bush years!