Ghost Towns of China

[cvcommunities]

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do you think this is a sign of another crisis looming?
hay daghan baya mga poor kaayo sa china, they should just let them live here.

[Romeojin]

this is part of China strategy to pump their economy sadly inflation had gone high, most of the chinese cant afford to live there... something positive turn out to be negative

i bet its way cheaper building those infrastructures in China than anywhere in the globe, most of construction material we are using are made in China.

[Hammer_and_Sickle]

nangandam ang mga insik,....na'ay plano ilang gobyerno na wala ta kahebaw

[monroy]

These were constructed as part of China's spread wealth west policy. As anyone who has been to China knows, most of the richest Chinese live on the coastal areas like Shanghai. Because of the increasing income gap between rich and poor, the government decided to spend larger sums of money in inner China to distribute wealth.

The policy isn't perfect and these ghost towns prove that, but the intention is good and incomes are rising in the rural areas. It's natural for inflation to rise in the coastal cities as wealthier peasants from inner China are now able to compete with them for resources. But the major cause of inflation is the pegging of the Yuan to the dollar, which makes imports expensive.

At least they are trying to spread infrastructure spending throughout China. We spend all our money on Manila and look at the result, there's hardly any new major road projects in Cebu to speak of and Mindanao is still a wasteland.

[peewee_toot]

kung sa pinas pa ni...

gihimo na ning hit2xanan sa mga adik.

[Visual C#]

These were constructed as part of China's spread wealth west policy. As anyone who has been to China knows, most of the richest Chinese live on the coastal areas like Shanghai. Because of the increasing income gap between rich and poor, the government decided to spend larger sums of money in inner China to distribute wealth.

The policy isn't perfect and these ghost towns prove that, but the intention is good and incomes are rising in the rural areas. It's natural for inflation to rise in the coastal cities as wealthier peasants from inner China are now able to compete with them for resources. But the major cause of inflation is the pegging of the Yuan to the dollar, which makes imports expensive.

At least they are trying to spread infrastructure spending throughout China. We spend all our money on Manila and look at the result, there's hardly any new major road projects in Cebu to speak of and Mindanao is still a wasteland.

This has been a problem of China for the past hundreds of years: every time they try to grow economically, the poor interior regions get shafted, while the coastal regions become richer. Obviously, the government wants to keep both sides happy, hence these massive construction projects in the interior. The question is: is there a market for these projects?

China is trying to transition its economy from an export oriented one to an economy more like the United States; that is, built primarily on domestic demand. It remains to be seen how China will succeed in this transition, but I believe it won't be easy, or pretty to look at.

[windshock]

they are up for something

[eax]

Goberno ra ang datu sa China. Ang mga tawo kay pobre kaayo.

[Salma]

well many of the infrastructures here in Shanghai look and appear well-constructed but are made of cheap materials and they're not constructed well too. They don't know how to insulate their rooms for the cold winter, the paint on the wall chip fast, and many interiors crumble and disintegrate a couple of months later and plumbing is always an issue. They have a lot to learn about properly building things from the inside...

[monroy]

This has been a problem of China for the past hundreds of years: every time they try to grow economically, the poor interior regions get shafted, while the coastal regions become richer. Obviously, the government wants to keep both sides happy, hence these massive construction projects in the interior. The question is: is there a market for these projects?

China is trying to transition its economy from an export oriented one to an economy more like the United States; that is, built primarily on domestic demand. It remains to be seen how China will succeed in this transition, but I believe it won't be easy, or pretty to look at.

They are already partly successful in this transition. That is why their economy continued to grow at close to 10% during the height of the American financial crisis when many of America's trading allies including the Philippines experienced severe slowdowns or even outright contraction.

The people predicting China's failure are just engaging in wishful thinking. China will be the dominant force in Asia in this century whether people like it or not and it will never be a democracy, not in our lifetime or in the next. It is as inevitable as the sun setting at the end of the day. Whether for good or for ill this is the reality that we must deal with if we as a country are going to succeed in an Asia where China, an authoritarian state, is ascendant.