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A migrant Chinese worker picks up a large plastic tube on a construction site in Beijing on September 11, 2012. UPI/Stephen Shaver
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Empty traffic lanes lead to a dead end, which abound on the outskirts of Beijing on August 29, 2012. China's over-aggressive building boom has seen small ghosts town spring up around the capital as housing supply has far outpaced housing demand. UPI/Stephen Shaver
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A lone Chinese worker dangles from a single rope to wash the exterior of a new, massive residential complex named Park Avenue in Beijing on August 29, 2012. One of China's leading investment banks, China International Capital Corp, has warned Beijing that it must not relax its grip on the real estate sector - the biggest macroeconomic risk to the country. UPI/Stephen Shaver
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A Chinese worker stands on the top of a new building still under construction in Beijing on July 11, 2012. China's top advisory body called on the government to relax market restrictions to keep the economy growing, the first such proposal by advisers to steady a weakening property market. This is the first time a group of influential economic advisers have called on China to relax controls on the property market. UPI/Stephen Shaver
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A Chinese construction worker sands and paints the exoskeleton of a new business center, designed to resemble the Olympic national stadium, in Beijing on July 31, 2011. Across China's capital, the municipal government is seeking to double the size of Beijing's Central Business District, which already has the highest vacancy rate ever recorded in the city, hovering around 40-50 percent, according to China property experts. "China is the only place in the world that despite having more empty buildings than the rest of the world has yet to reflect those valuations on their balance sheet," President of Global Distressed Solutions James Rodman said recently. UPI/Stephen Shaver
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A Chinese electrician sorts through a maze of wiring in Beijing April 13, 2012. China's rapid economic growth has seen its cities struggle with both modernizing and maintaining infrastructure projects, such as electricity lines, phone lines, sewage treatment and roads. UPI/Stephen Shaver
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Chinese migrant workers erect scaffolding on a new housing estate under construction in Beijing on July 20, 2012. There is increasing evidence that although rapid economic growth has created a massive emerging middle-class and vast wealth for some, it has amplified the disparities between rich and poor. UPI/Stephen Shaver
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