There is a glut of empty apartments in China. Many factors make it preferable not only to invest in real estate, but also to keep the property empty. This phenomenon is having a huge impact on the economy, especially on small family-owned businesses.
Once the quintessence of economic disparity and fiscal irresponsibility, Brazil is now showing other nations how to get their economies in order. But many of its problems remain and risk undermining the nation’s hard-earned progress.