Yes, after a brief respite in socialism (declaring the arctic wealth as the property of the whole world!), China is definitely back in capitalism. Apparently, several new cities remain unoccupied like ghost towns. Everywhere building materials are piled high, unused. This, we are told (CBC News) is the result of an economic downturn, Developers have run out of money/credit to complete the job. This shows China is no different to any other country where capitalism prevails. Boom and bust are the normal order of the day. John Ayers
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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