Taipei 101

Filed in archive Global Economy on October 18, 2003

Some might had a sneak preview yesterday as my MT displayed this link already. Taipei has completed the most expensive marketing venture for a while the "Taipei 101". I sincerely hope it will not share the fate of the Petronas towers in Kuala Lumpur being half empty since inauguration. However the Economist has this theory the emergence of high rise buildings indicates a bubble. I wonder which bubble it would be in one of the worlds freest economies?