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These amazing satellite images show sprawling cities built in remote parts of China that have been left completely abandoned, sometimes years after their construction. Elaborate public buildings and open spaces are completely unused, with the exception of a few government vehicles near communist authority offices. Some estimates put the number of empty homes at as many as 64 million, with up to 20 new cities being built every year in the country's vast swathes of free land. The photographs have emerged as a Chinese government think tank warns that the country's real estate bubble is getting worse, with property prices in major cities overvalued by as much as 70 per cent.
However, China has its own economic problems. Besides a housing bubble that could burst as soon as next month, they are also struggling with hyperinflation and food shortages in some places that have brought about riots. With all the human rights violations that are being brought out regarding the Chinese government and the fact that they haven’t exactly been helpful in discouraging the nuclear ambitions of Iran and North Korea, it’s not likely that the U.N. would allow them to play a significant role in foreign affairs until they prove that they are going to be more willing to cooperate with U.N. interests. No one is talking about what China’s deficit looks like, but the fact that they have a huge housing bubble suggests that they aren’t any better off than the rest of the world.
Western media: "Ghost town"Kangbashi was made world famous by a news report in November 2009 from AlJazeera, later picked up and expanded through an April 2010 article in Time magazine, for having few residents but massive amounts of empty residential housing and high-tech public works projects. Subsequent reports have supported the claims that Kangbashi only presently houses around 20,000 to 30,000 people.
Industry: Local industrial projects include a contract with Huatai Hyuntai Automobile Group to produce 50 thousand vehicles a year in a new factory, and cooperated with Beijing CICC and Inner Mongolia Power (group) Co., Ltd in building 4*300 thousand-watt power and heat plant, a key project in the Eleventh Five-Year Plan in Inner Mongolia.
History and constructionWith an expanding district due to economic exploitation of the local natural resources, but dwindling water supplies due to the continual expansion of the Ordos Desert, Ordos officials were faced with a local infrastructure planning problem. Hence in 2003, Ordos city officials launched the creation of a new 1 million person city district. Located on a 355 square kilometres (137 sq mi) site 25 kilometres (16 mi) from the existing city of Dongsheng, the new city is located next to three existing reservoirs on the site of two former villages.
Originally posted by harrytuttle
reply to post by The_Zomar
If you look at the photos on the street in Google Maps, that place sure looks empty for as many buildings as there are.
Granted, this is a small section of that larger metro area, and if you look south about a mile, it looks very congested. So maybe it's empty because it's off limits to poor people? Never-the-less, why is it so empty?
edit on 24-1-2011 by harrytuttle because: (no reason given)
Originally posted by dillweed
This is very interesting. James Clavell of the Shogun, Tai-Pan, Gai-Jin series of books writes how the Asian mind works as opposed to the Western ways of doing things. The Chinese are nothing like us. We have little in common with the Chinese, yet we act as though there are no differences between us. To them, it would not be unusual to think a hundred years in the future. China has over 300 million middle class people. A billion is one thousand million. They have 1.6 billion people. They can rule the world if they ever get it all working. China is so big, in land as well as population, that America's days of dominance may be drawing to a close.