My understanding is the Chinese solar industry investments went pretty well. They are now producing the best solar panels at the most competitive prices on the planet. The American situation was hampered by German ownership of a number of companies which sabotaged a lot of the operations in order to make sure that the German owned outfits would remain competitive against the American outfits.

Chinese are the clear winners on the solar situation, hands down. Between Democrat rank and file people doing their ripoffs in the Solyndra affair and the German companies screwing around with tariffs and siphoning out profits for their own situation, we got hosed but are not entirely out of the game.

The Chinese ghost cities are their own problem, they simply built too much expensive high end real estate thinking that people would be willing to move to China and buy in to their version of corporate culture but the reality has been that America's number one asset all along has been the personal freedoms most people here enjoy. In china, the just found that the world's upper middle class don't want golden cages that much after all.