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China builds more infrastructure white elephants

It is estimated that China has wasted around 42t yuan on "ineffective investment" in five years from 2009

Dachangshan Island, China

WHEN officials reopened the airport on the sparsely populated Dachangshan island off China's north-east coast after a US$6 million refurbishment in 2008, they planned to welcome 42,000 passengers in 2010 and another 78,000 in 2015. However, fewer than 4,000...

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