35 votes

China's Weird New Ghost Cities

For a long time now China has been building cities that just sit empty. Some say it's to keep up a false economy but if you look at these cities it seems over the top by any standards. It is downright bizarre! So what's REALLY behind all this building?

I have seen this and other videos for months now and still can't fully understand what the Chinese are doing here. Opinions anyone?

http://youtu.be/rPILhiTJv7E



Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Oil Bust

I've seen the same things taking place in Dubai and the other Emirate cities of the UAE. The locals say that the governments are over building state of the art, "green", infrastructure in preparation for the economies to crash due to oil reserves running dry which would throw the world economy into peril. That the excessive building is a means of providing infrastructure now while they're able to fund it off of oil weath in order to later diversify their economies when that oil wealth no longer exists.

Food for thought at least.

Teke.

It would make sense if it was

It would make sense if it was Agenda 21. Chinese cities for americans.

lawrence

And they want government to

And they want government to solve this problem? Amazing!

"The United States can pay any debt it has because we can always print money to do that." — Alan Greenspan

My thought

If it came to a global war, and these cities were bombed, even if they were "friendly/ flase flags", China's government would get credit for sparing population, yet the spoils would reap more financial capital.

Someone needs to tell that dude

That if your going to talk, it's a bad idea to talk to NBC Dateline . There's no telling what they will do with your interview.

For Freedom!
The World is my country, all mankind is my brethren, to do good is my religion.

It's about enriching themselves and their friends

Read Confessions of an Economic Hitman. The same principle i'm sure is at work. Spend "public" money on enormous public infrastructure projects, hire companies that you control, benefit from, or are owned by your political friends, and thus redistribute enormous amounts of money from populous, through the public purse, to the hand of a self selecting power elite.

~ Engage in the war of attrition: http://pacalliance.us/redamendment/

Cyril's picture

Pure nonsense. Pure absurdity.

Pure nonsense. Pure absurdity.

I suppose they can thank their government.

As the documentary mentions, it at least made for great headlines in the New York Times, years ago, about "China, New Land of Shoppers":

http://query.nytimes.com/gst/fullpage.html?res=9D04E1DA1339F...

YEAH, RIGHT.

P.S.
But again, that's the New York Times, you know... with its legendary outstanding content:

http://krugman.blogs.nytimes.com/

isn't it?

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

The cities are for when the USA collapses--DUH!

Then China will need to become the new USA and consumer/debt-based economy for globalism.

Meanwhile here in the USA there will be civil unrest and sectarianism (both real and government created). Drones will fly through the sky, TSA/Military everywhere. And the rich will do the same they did to Russia, China, South America, etc, and put us through a 'Cultural Revolution' where millions will be culled, exiled, and imprisoned.

Simultaneously as the older-gens have been wiped out or controlled, a new generation of 'anti-racist' children will come to age first as the 'American Spring/OWS' and later as the Hitler Youth to police and dominate the rest of society. America will be remade to primarily a 3rd world resource/agro exporter. Past history will be greatly warped with new movies, music, and education.

The question is not why or how, but when. The only hope is if.. if things can be pushed back some. But they will try again, and again. From their rich palaces and skyscrapers and beach houses. They'll never stop unless a new and much more determined elite arises to take their place and govern differently.

================================
Fight the Ron Paul blackout on the Daily Paul (now 'P AU L'), put his removed poster back as your avatar:
http://www.mediafire.com/?9ir62bp8nshv83m

Cyril's picture

LOL. Hadn't thought of that. Anyway... God forbid you be right!

LOL. Hadn't thought of that. Anyway... God forbid you be right!

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

From the Cultural Revolution:

http://upload.wikimedia.org/wikipedia/en/a/ab/Destroy_the_ol...

"Destory the old world [order]. Forge the new world [order]."

Notice the cross...

Christianity is the only anti-globalist [world government] religion. American minds and souls need to be crushed, watered down, and reshaped.

================================
Fight the Ron Paul blackout on the Daily Paul (now 'P AU L'), put his removed poster back as your avatar:
http://www.mediafire.com/?9ir62bp8nshv83m

It is a culture with strong

It is a culture with strong superstitions. Many things Chinese believe are often times hard for us in the West to wrap our heads around.

A new house in China is like a shiny new pair of shoes. Nobody want's to buy or rent used shoes unless it is absolutely necessary.
Once any of these units are occupied the resale value crashes no matter how much it is fixed up to look like new.
This is especially true when so many thousands of never been lived in units are nearby.

Investors have no problems living in 'old dirty shoes' while storing their new ones in a box on a shelf.

Hah. You mentioned "superstition", "house" and "shoes"...well.

"Luck" and "money" is so much ingrained in their culture...I hear about it regularly/on a daily basis from my Chinese GF. Believe me (tell me about it). "Money" too. Have you seen the Feng Shui "green frog on coins" in Chinese stores...Ditto for the waving "lucky cat" (Japanese in origin, really).

Shoes worn from the outside CANNOT be worn inside the house..besides the obvious hygiene reason, "it" (filthy) might bring "bad luck" from the outside into the house, not to mention as a sign of respect to the home owner.

And how about those folks who

And how about those folks who wear those crosses around their necks? What's that about?

What's your problem?

Every time I've seen you post recently, you've been making fun of or criticizing Christians - and this time, you pulled a Monty Python "And now for something completely different."

Seriously, what's your deal? The guy you responded to was simply noting a cultural difference, not making fun.

"Crosses" on necks?

What do you mean? Haven't you seen someone wearing jewelry necklaces with crosses...

There are Chinese Christians (from the PROC "Mainland"), after all...

I'm not referring to the

I'm not referring to the Chinese. ;)

I remember reading a news on China with "empty roads/highways"..

"massive building" of network of roads, in a place where cars are none to be found..this was around the 80's, a time when the majority of Chinese was still at best, on two wheels, bikes or motorcycles (I vividly remember my family was on tour in HK/Macau and we crossed the HK border to visit Sun Yat-Sen's home, into still vaguely capitalistic/communist "very Red" China in 1982. Motorcycles were getting more common then, coming off from bicycles..this was when two wheels rule the Chinese roads. Red PLA's were still around in Mao hats and uniforms, manning the border, walking by the roadside...Yep. I remember it quite well.)....and where are they now, decades later???

GRIDLOCK/BUMPER-TO-BUMPER TRAFFIC ON THE STREETS!!

I'd bet they are employing the same infrastructure strategy from decades ago...indeed.

"If you build it, they will come".

If you ask me, this is a

If you ask me, this is a perfect example of "malinvestment" during the boom part of the business cycle. In addition, because we use the flawed metric of GDP to assess the state of an economy and any spending/investment(whether state or private) is considered to contribute to GDP.

Such cities are considered to contribute to economic growth, even though they clearly do not(in fact I would argue the opposite is true).

Savings + Money Printing + GDP fudging + local corruption all lead to a perfect storm to create these cities.

I would argue that this an illustration of why quantitative economics is deeply flawed. Only through a qualitative approach(i.e Austrian) can such events as these be explained within a theoretical framework.

"My theories explain, but cannot slow the decline of a great civilization. I set out to be a reformer, but only became the historian of decline."
- Ludwig Von Mises

Doesn't this prove that...

...centralized planning is an utter failure.

I mean, Ghost towns are like a caricature of centralized planning.

What utter nonsense! Why not just try freedom! It works.

But sadly many here too want Obama phone and other "rights" to be bestowed by their loving government.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a rEVOLution before tomorrow morning." - Henry Ford

Or

Does it prove central planning works best under a communist rule, a controllable middle class and lots of working poor forming capital........

what a waste of good green

what a waste of good green lush countryside ... i presume

still no people, now just less pretty

23

That is eerie...

I've seen the satellite pictures of these areas before, but this is the first I've seen of them from the ground.

That would be kind of a creepy feeling living there, with all those empty spaces. Makes me think of the empty high-rises and structures populating the 'limbo' dream level in 'Inception'.

Three classes of people

The ruling elite can bust down the middle class and raise the low class every generation or two and control them both. When the middle class become arrogant and entitled and the low class reach their limit, switch them up.
Consumer credit, trivial consumption or build a city you will need in the future. The crash of fiat money and debt based money is not the fear, the fear is not ruling the world when its over. They plan for the inevitable.....
The building of cities is a hint into their timeline.

The Chinese people are

The Chinese people are suffering for it, and still they're hardcore communists and want the govt to try something else. They don't have a clue that a free market would provide solutions to all these problems as quickly as humanly possible.

Sorry, that's not true.

Sorry, that's not true. Generally, the younger, wealthier Chinese are more interested in getting rich and much less interested in politics.

To keep the population

To keep the population employed, busy and away from thoughts of revolution.

Yes

And have a store of value for all that paper money in their race to the bottom......

Urbanization

Maybe this has something to do with it

China Seeks to Lift Domestic Demand
Beijing Seeks to Improve Lot of Rural Migrants to Encourage Consumption While Dialing Back Focus on Exports
http://online.wsj.com/article/SB1000142412788732440750457818...

What's Driving China's New Push To Move Millions Of Rural Families Into Cities
http://www.worldcrunch.com/culture-society/what-039-s-drivin...

Last I was in that wonderful,

Last I was in that wonderful, baffling city of Shanghai (years ago) the locals were highly resentful of the Chinese immigrants who were flooding their city from the countryside. The immigrant population for Shanghai residents was like immigrant South American and Mexican "illegals" were to the US throughout the 90s... Vilified and reviled, yet necessary for the unending supply of cheap labor.

Well it beats having wars for

Well it beats having wars for economic stimulus.