328 m tower in Chineese village

[femdomdestiny]

http://www.guardian.co.uk/world/2011...ge-tower-china

[Nathan]

China is going to scare the shit out of us all in 10 years...

[porno jew]

they are wasting ridiculous money on ill planned and stupid shit.

http://www.dailymail.co.uk/news/arti...ng-centre.html

[EukerVoorn]

Until the lowest classes don't except low payments anymore. The only reason Chinese economie is doing well is because labour is very cheap there. But that won't last forever.

[dazzling]

Originally Posted by EukerVoorn

Until the lowest classes don't except low payments anymore. The only reason Chinese economie is doing well is because labour is very cheap there. But that won't last forever.

The only reason China is doing well now is because of North Korea. Go down to dandong and have a look at all those containers of North Korean made goods pouring over the border into China by there thousands every day. Buy a Bike made in china...I can guarantee you its made in North Korea, same for shoes, clothes, etc. North Korea is the biggest manufacturing hub in the world these days. Labor at $2 a month, educated, honest and hard working. South Korea alone has over 2,000 factories in North Korea making stuff then relabelling it as made in South Korea. And do a search on half those Chinese factories in north korea and follow the paper trail back to their American owners, british owners or french owners. Yes, North Korea is isolated from the rest of the world...because that is exactly what China, South Korea, America, Britain and France want because their making so much fuckin money out of keeping the place a prison.

[seeandsee]

china is doing some serious buildings

[Frank21]

Originally Posted by Nathan

China is going to scare the shit out of us all in 10 years...

They already do.
But China may as well go down a la Soviet Union or Balkanize.
The big boys always made a lot of small enemys who may just be waiting for their change to tear down the big guy.

[John-ACWM]

Some great views in that village.

[alias]

Its proudest feature is a one-tonne, solid gold statue of an ox, said to be worth 300m yuan (£31m).

[stephane76]

Originally Posted by seeandsee

china is doing some serious buildings

and 1/2 of them are empty...

[Fenris Wolf]

Here's an article on debt being accumulated by local governments as result of unrestricted building and infrastructure projects.

http://www.reuters.com/article/2011/...79901L20111010

China's local governments have piled up a mountain of bad debt, some of it to finance bridges to nowhere and other white elephant projects, which now threatens to constrict growth at a time when the global economy is sputtering. It is adding to other systemic risks in China, including a sharp downturn in the property market and a rapid rise in problematic loans.

Local governments had amassed 10.7 trillion yuan in debt at the end of 2010. The government expects 2.5 to 3 trillion yuan of that will turn sour, while Standard and Chartered reckons as much as 8 to 9 trillion yuan will not be repaid -- or about $1.2 trillion to $1.4 trillion.

[d-null]

China is more fascist than communist, it is a scary system there

[Scott McD]

That looks insane!

[_Richard_]

Originally Posted by Nathan

China is going to scare the shit out of us all in 10 years...

"The 328-metre supertower, which juts out of the Jiangsu plains like a trophy on an empty shelf, will be opened on Saturday by the village of Huaxi, a communist model community with a registered population of just 2,000 "farmers""

[crockett]

Originally Posted by stephane76

and 1/2 of them are empty...

It's like the small time Oil guys from Texas of the 70's-80's.. Building up all those buildings in Dallas that sat there empty.

BTW what's up with the Commi's and over doing the whole Gold thing? Seems the Chinese millionaires use the same tasteless interior decorators the Russians do.

[alias]

Is "chink rich" going to become a popular new term?