China's innovation economy a real estate bubble in disguise?

By Sue-Lin Wong SHACHENG, China (Reuters) - The Chinese government's call to the nation to build an innovation-driven economy from the top down has sparked a rush by local governments to construct new buildings in the name of supporting creativity. Innovation centers have been popping up around the country and are set to more than double to nearly 5,000 in the next five years, according to internet research firm iiMedia. There is no local market for their product, no local ecosystem of suppliers