Spotted over at Business Insider was this video by Australia’s SBS Dateline providing an update on the many empty shopping malls and housing developments in China, more reason to be concerned about the government’s policy of “GDP growth at any price”.

This Reuters report details how banking regulators are still very concerned about the property bubble, however, the bigger government concern likely appears at about the 12 minute mark in the video above. What they call “polarisation”, we call “income inequality”, and it is a festering problem as the working class huddles into cramped apartments while brand new investment property around the corner remains vacant.