Travel To China

Chinese Travel, Holidays, History and Culture

  • Home

How does China finance so many megacities?

Posted: September 21st, 2008 under China.
Tags: China Economy, Funiture, Plastic Toys, Skyscrapers, Walmart

China
Little Phelps asked:


I know that China’s economy is growing fast and that most of the stuff at Walmart is from China. But how does China afford all of the hundreds of new modern skyscrapers being built every year? The country is somehow managing to move hundreds of millions of people to cities. How? That has to be incredibly expensive. Where does it get the money? India can’t do anything like that. Even the United States probably couldn’t do that if it tried. Where does China get the money for this? They can’t be that rich from selling plastic toys and cheap funiture.

Kasey
You Like It Then Please Share Here:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Google
  • blinkbits
  • Live
  • MySpace
  • Reddit
  • Spurl
  • StumbleUpon
  • Technorati
  • TwitThis
  • Yahoo! Buzz

6 Comments

  1. it is from selling plastic toys and cheap furniture.

    They are selling it to US, Europe, Japan. It’s not just toys, China makes pretty much everything you can buy in Walmart.

    Building a tall building is not that expensive, like $10-20M, and they have cheap labor and materials there. And no safety codes like in US.

    Moving to city is very cheap, rural people just take the train with a suitcase. It’s not like truck moves you do in US.

    Comment by Cthulhu fhtagn! — September 23, 2008 @ 7:00 am

  2. China has relatively cheap labor like no other place. Their money goes a long way with very inexpensive labor. This along with their government’s manually holding the value of the currency low, and everything in China is dirt-cheap. Beware of the big red bear.

    Comment by mmcgehee — September 26, 2008 @ 6:19 pm

  3. They make far more than cheap toys. Each area of China is designated for a particular industry or sector–China has managed to obtain the most high-tech factories and goods of anywhere in the world. Shanghai, where there are thousands of skyscrapers, is the center for finance, government and industry in that area of China. Foreign companies were forced to build in specific areas in order to invest and build a customer base in the country. Much of the investment for the Chinese came from ethnic Chinese (rich ones) in Hong Kong and Singapore. They are now suffering through their first business cycle downturn and finding it’s not so easy to dictate supply and demand as they once thought.

    Comment by Anna P — September 27, 2008 @ 1:42 am

  4. Is US Starting Racial Hatred against Chinese/Asian Americans

    I just read this post: It is much like a post by adult but self-claiming as a school student (it keeps using the word—Miscegenation–not a high school vocabulary) I know many Chinese-Americans. They aren’t nothing like this post:

    This is the post and links, below:

    ~~~
    Chinese Nationalism in America and Totalitarian control in Tibet?

    I am an american born Chinese. My parents moved here to escape persecution from the communists rule. Now that i am older, in high school now, and am starting to develop a sense of nationality, is it okay? I’ve been starting to become segregative and i do not believe it is wrong. Interracial marriage in the asian american community i believe is forbidden and should be considered invalid and disgusting. Just like the apartheid era in South Africa, the Anti Miscegenation in nazi germany and the anti race mixing laws in colonial America. However i only believe interacial marriage is wrong, everything else is fine. My second question is wondering why Tibet should be freed. I don’t exactly know what its like to be oppressed, but it would hurt me to see China divided. I already don’t like the fact that mongolia isn’t part of china. I am pro military action on Tibet if they Declare independence. Is this an acceptable way of thinking?
    ~~~

    (Yahoo not permits me to link(I wonder why?) But you can search “Chinese Nationalism in America and Totalitarian control in Tibet” to see it is there.)

    @This is definitely not a post by Chinese-American. Is US starting racial war on its own ethnic Americans?

    I serach it out. But Yahoo would not let me paste it here. But you can do this :

    Add Yahoo Answer web address—answers#yahoo#com—(replace # with dot: ” .” ): before the following:

    /question/index;_ylt=
    Av8L6wBaOq83uqVdnvw8HDMjzKIX;_ylv=
    3?qid=20081216233145AAiS5XT

    paste three lines together.

    Comment by Sylvia J — September 27, 2008 @ 2:30 am

  5. they save and they work hard.

    Comment by Dyana L — September 27, 2008 @ 6:36 pm

  6. Is it because they spend less time in blaming and trashing others ?

    Comment by Mr Hex Vision — September 28, 2008 @ 4:23 am

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Categories

  • China
  • China - History and Culture
  • China - Travel and Holidays
  • Education
  • Jobs and Careers
  • Travel and Leisure

Archives

    ETF Trading News
    Cheap Web Hosting

  • February 2010 (3)
  • January 2010 (6)
  • December 2009 (3)
  • November 2009 (2)
  • October 2009 (5)
  • September 2009 (4)
  • August 2009 (1)
  • July 2009 (3)
  • June 2009 (4)
  • May 2009 (2)
  • April 2009 (9)
  • March 2009 (10)
  • February 2009 (8)
  • January 2009 (21)
  • December 2008 (7)
  • November 2008 (7)
  • October 2008 (20)
  • September 2008 (12)
  • August 2008 (8)
  • July 2008 (12)
  • June 2008 (9)
  • May 2008 (16)
  • April 2008 (10)
  • March 2008 (11)
  • February 2008 (7)
  • January 2008 (5)
  • December 2007 (4)
  • November 2007 (4)
  • October 2007 (5)
  • September 2007 (4)
  • August 2007 (1)
  • July 2007 (3)
  • June 2007 (7)

Calendar:

  • February 2012
    M T W T F S S
    « Feb    
     12345
    6789101112
    13141516171819
    20212223242526
    272829  

Tags

  • Ancient China Art Form Beijing Beijing China Catering Holiday Apartments China China Beijing China Economy Chinese Chart Chinese Lunar Calendar Chinese Medicine Chinese New Year Countries Ethnic Culture Gout Great Wall Of China Green Tea Han Dynasty Herbal Remedies History Of China Holiday Destination Hosting India China Long Journey Long Time Mid Autumn Festival Money Myths And Legends Natural Resources Olympics Travel China Travel Experience Travel In China Travelling To China Travel To China Trip To China Wall Of China Westerners Wonders Of The World Yin And Yang

Fishing Tackle||:: Copyright © 2012 Travel To China. Powered by WordPress.
WordPress Theme by Flash Templates