The Great Debate
from Data Dive:
When people hear that one company is buying another for however-many billions of dollars, most assume it's a done deal. The truth is that regulators and shareholders have been know to ax mergers and acquisitions both large and small. Despite the fame of the names involved, Comcast's $45 billion deal for TimeWarner Cable doesn't even make it into the top 10 of failed mergers.
Ghost towns tend to start as boomtowns, and contemporary China more than likely has more boomtowns than any other country in history. No economy has ever risen so rapidly and no place has ever built so much so quickly. This rapid growth has resulted in peculiar side effect: ghost cities, everywhere.