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I have a friend who works in China and she says that 70% of her cities new buildings are half completed inside or its just a shell. People are investing in buildings because there is nowhere else to put any excess disposable income and so buildings go up as a shell and remain there until someone wants to live in them and then they are finished off level by level, but it could take years...
She says there are huge disparities for local people but her work is mainly in providing services for expatriates and wealthy Chinese so she's insulated from the really poor quite easily.
All economic development in Asia is fragile, depending on government and social leadership to provide a pathway to prosperity. However absolute power (common to many of those societies in one form or another) corrupts absolutely, and the lack of parameters in some nations is going to shape progress one way or another.
For the sort of money they pay Bernie/CVC the Asian nations could combine to provide a solid international series that would really crate a regional structure and ladder to provide a pathway that could develop some real talent and national/regional motorsport industry that would enhance racing across the whole region but there is no vision or commitment to that. Its all about the 'big event' F1, which does little or nothing for regional motorsport.
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