China Daily Life - Construction #1
by Kevin Frayer
Title
China Daily Life - Construction #1
Artist
Kevin Frayer
Medium
Photograph - Photography
Description
BEIJING, CHINA - AUGUST 29: A Chinese female construction worker works at the building site of a new apartment complex on August 29, 2014 in Beijing, China. Rapid construction and widespread over-investment in Chinese property created a bubble that continues to deflate. Prices are down, the economy has cooled and newly-constructed projects in many parts of the country remain unoccupied. The housing market accounts for more than 15% of China's annual economic output and so the softening of the market is having a broader economic impact. Analysts believe that a property collapse is unlikely though as local governments are shoring up the sector. (Photo by Kevin Frayer/Getty Images)
Image provided by Getty Images.
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January 11th, 2019
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Image ID
454324374
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