China Unveils Massive Urban Renewal Plan.

Get ready for the urban renewal project of the century - 15 trillion yuan (US$2.2 trillion) is about to change the face of China's cities, but is it a savior or a catastrophe waiting to happen? The five-year plan from 2026 to 2030 promises to upgrade dilapidated homes, rebuild gas pipelines, and transform the urban landscape, but what's the real cost of progress? Will it be a game-changer or a financial time bomb?