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Over the last 26 years, Shanghai has experienced a growth spurt so extraordinary, it will make your jaw drop when you see it unfold before your eyes.
Yes it is, The only problem, it's not in my country. And that give's me a problem of unusual proportions.
Originally posted by AthlonSavage
Its called economic growth. Imagine being a construction worker in that period never short of work.
I don't think they feel the same way. This is their industrial revolution and the Chinese are running with it.
Originally posted by spartacus699
They got to slow down!
Good lord......I know things are bad. But we do have the means to compete as long as we implement them. I'm speaking of the USA,,,,,Onami, aren't you from the UK?
Originally posted by Onami
It is too late to do anything positive about it.
We wanted cheap, they gave us what we wanted.
We were greedy and now we don't have the means to compete. We have spent it all.
The tipping point of our growth has been reached, just like every other great civilisation before us.
I would not bear children from now on. The world will be getting exponentially harsher as time goes on. Not just for us but for them too.
I agree WHY? They have 1.4 billion people, many now flowing into the cities from the farm lands. Maybe it's just a shopping spree for the gov. Or because they are doing very well. Many Chinese are becoming very wealthy. The photo tells us that they are on a roll. Most of those new structures are probly corporate owned/offices or gov. or hotels The ghost towns are weird,,,,they must have a plan I would suspect. I bet many other countries thought the U.S. was building on a large scale 100yrs ago, then again after WW2.
Originally posted by earthling42
From what i have read, the mismatch between what the average chinese people can afford, and the price of those homes built in China is staggering.
There are ghost towns and malls, all empty and unused, seems like a bubble ready to burst, it is unsustainable.
The question i have is "why" do they build on such a large scale?