A Chinese laborer works on a buildingin Beijing

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