The construction of enormous skyscrapers has an “unhealthy” link with looming financial crises

The Mumbai city skyline is seen in the background as pedestrians walk and gather on the seaside promenade in Mumbai on January 12, 2012. The construction of enormous skyscrapers has an “unhealthy” link with looming financial crises and investors should therefore keep a close eye on China and India, Barclays Capital said on January 11. China is currently the biggest builder of skyscrapers, while booming India is constructing the second largest tower in the world, the investment bank said in its latest annual ‘Skyscraper Index’ survey.

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