China’s ‘Ghost Cities’ Show Signs of Life

The video discusses China's development strategy, focusing on ghost cities and their evolution over time. Initially seen as potential property bubbles, many ghost cities are now filling up, driven by urbanization and strategic investments. The model involves creating new districts from scratch, attracting state-owned enterprises, and encouraging private capital. Despite demographic changes and slowing urbanization, China continues to build in anticipation of future growth.

What is the significance of hukou reform in the context of urbanization in China?

How has urbanization in China changed from 1978 to the present day?