The BBC reports:
A giant new Chinese-built city has sprung up on the outskirts of Angola's capital Luanda.
Nova Cidade de Kilamba is a brand-new mixed residential development of 750 eight-storey apartment buildings, a dozen schools and more than 100 retail units.
Designed to house up to half a million people when complete, Kilamba has been built by the state-owned China International Trust and Investment Corporation (CITIC) in under three years at a reported cost of $3.5bn (£2.2bn).
But on a recent trip back to Luanda, the BBC's former Angola correspondent Louise Redvers discovered that most of the buildings currently lie empty, as this footage she recorded shows.
The mixed Chinese economy with pockets of free market activity, but with significant centrally planned activity, is setting up for a major fall. The capital spent in China on centrally planned wasteful projects appears massive in size. As the capital runs out, and at the same time the central bank slows money printing (because of fears of igniting hyper-inflation), the Chinese crash will be heard around the world.
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