Chinas Modernization Is The Greatest Industrialization...

The People s Republic of China has had one of the wildest real estate sectors of any large-scale global economy. Chinese real estate value have been appreciating dramatically and at least abroad in the United States, media outlets have been covering this topic in an extremely sensationalistic way reporting ghost cities, and real-estate bubbles at their bursting point. Yale Professor Stephen Roach[1] says that China s modernization is the greatest urbanization story that the world has ever seen. A plethora of articles and documentaries cover the phenomenon of Ghost Cities which are supposedly the symbols of economic waste and rampant industrialization in the People s Republic of China. Observers blame the rise of these Ghost Cities on corrupt funding via risk-laden local-government financing vehicles and as symptoms of China inevitable demise. The skyscraper-filled skylines of a number of Chinese cities remain eerily vacant devoid of inhabitants. Yujiapu, located in Conch Bay north of the bustling port city of Tianjin is a backdrop of dirty vacant office towers and unfinished hotels that strangely resembles New York s Big Apple. Situated in a river bend, and modeled after Manhattan, Yujiapu was envisioned in 2008 to become the new financial center of the world complete with a Rockefeller Plaza and China s version of the Twin Towers. The 5-star Country Garden Phoenix Hotel, billed as the largest hotel in Asia is a deserted shell with no signs of construction.Show MoreRelatedGrave of the Fireflies -------- My Personal Reactions1582 Words   |  7 PagesAmerican blockbusters that treat brave soldiers as heroes (such as Pearl Harbor, We were soldiers, Windtalkers, etc.), this one addresses wars brutal impact on innocent civilians, especially children. With the war on Iraq now undergoing, this point has all the more relevance. Under the same American bombing, innocent Iraqi children are now suffering just as much as Seita and Setsuko in this movie have suffered, and even more, for the Iraqi people and land have long known the horrors of poverty, hungerRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesRosenzweig Also in this series: Paula Hamilton and Linda Shopes, eds., Oral History and Public Memories Tiffany Ruby Patterson, Zora Neale Hurston and a History of Southern Life Lisa M. Fine, The Story of Reo Joe: Work, Kin, and Community in Autotown, U.S.A. Van Gosse and Richard Moser, eds., The World the Sixties Made: Politics and Culture in Recent America Joanne Meyerowitz, ed., History and September 11th John McMillian and Paul Buhle, eds., The New Left Revisited David M. Scobey, Empire