China's City of the Future

Al Jazeera reports on one of the projects driving China's magical 8 percent GDP growth. Ordos is a modern, luxurious "city of the future" in Inner Mongolia, built entirely over the last five years with government funds. It's also a ghost town with almost no residents or businesses.

Where Do Car Dealerships Go When They Die?

As many as 700 new-car dealerships will close in 2008. Last year, 430 dealerships shut down. The financial crisis is partly to blame, as new-car sales have dropped to a 25-year low. But there are other forces at work. The number of car dealerships has been shrinking more or less constantly since 1990. In fact, […]