Tuesday, March 01, 2005


One of the classic symptoms of bubbles is overbuilding in key areas. For example, too many online pets supplies companies during the Internet bubble, too many disk drives companies during the PC bubble.

China is no exception. Certanily there is too much building in Shanghai real estate. Reports are that foriegn auto makers are overbuilding capacity with exaggerated expectation of consumer adoption of cars. What else ? Please provides great stories, data, info on overbuilding:


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