As growth slows, China's huge investment in infrastructure is looking ever harder to sustain, leaving a string of ambitious projects - towns, shopping malls and even a theme park - empty and forlorn.China's ghost towns and phantom malls (BBC)
"We have spoken a lot about these ghost towns in Ireland and Spain recently [but China] is Ireland and Spain on steroids," says Kevin Doran, a senior investment fund manager at Brown Shipley in the UK.
Investment in infrastructure accounts for much of China's GDP, making the consequences of getting it wrong all the more serious. And with such a large pool of labour, it is harder to put the brakes on when growth slows down and the supply of housing and shops outstrips demand. "You have got seven to eight million people entering the workforce in China every single year, so you have to give them something to do in order to retain the legitimacy of the government," Doran told the BBC World Service.
"Maybe 10 or 15 years ago they were doing things that made sense - roads, rail, power stations etc - but they have now got to the point where it's investment for investment's sake."
Oh, and there's been yet another mass shooting. Pretty soon they'll be as common as traffic accidents