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China / Building Boom #790855

CBS Evening News for Monday, May 23, 2005
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(Studio: Bob Schieffer) The implosion of 16 buildings in Shenzhen, China, to make room for new ones shown.

(Beijing: Barry Petersen) The homebuilding boom in China fueled by rising incomes for Chinese workers featured. [HOMEOWNER {thru reporter’s translation} – comments on the risk of owning her expensive apartment.] [DEVELOPER – says her buildings have sold out.]

Reporter(s):
Schieffer, Bob;
Petersen, Barry
Duration:
00:02:30

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