{"id":340814,"date":"2010-02-19T14:02:00","date_gmt":"2010-02-19T19:02:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/forget-empty-housing-developments-china-is-full-of-new-and-totally-empty-cities-2010-2"},"modified":"2010-02-19T14:02:00","modified_gmt":"2010-02-19T19:02:00","slug":"forget-empty-housing-developments-check-out-the-massively-empty-cities-of-china","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/340814","title":{"rendered":"Forget Empty Housing Developments, Check Out The Massively Empty Cities Of China"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/4b7eddfe000000000061c70f-279-210\/china-restaurant.jpg\" border=\"0\" alt=\"china restaurant\" width=\"279\" height=\"210\" \/><\/p>\n<\/p>\n<p>From <a href=\"http:\/\/www.foreignpolicy.com\/articles\/2010\/02\/18\/chinas_high_growth_ghost_towns?page=0,0\">ForeignPolicy<\/a>:<\/p>\n<p>In the gritty Inner Mongolian wind, I stood at the pinnacle of the global economy, at least in terms of GDP growth: the main drag of  one of the fastest growing cities in the fastest-growing region in all of  China, the world&#8217;s supposed new economic powerhouse.<\/p>\n<p>Built in a breakneck five years, Kangbashi is a state-of-the-art city full of architectural marvels and sculpture  gardens. There&#8217;s just one thing missing: people. The city, built by the government and  funded with coal money, its chief industries energy and carmaking, has been  mostly vacant for as long as it has been complete, except for the massive municipal headquarters. It&#8217;s a grand canyon of empty monoliths. In a paradox only possible in today&#8217;s economic system, Kangbashi manages to be both a boom  town and a ghost town at the same time.&nbsp;<\/p>\n<p><a href=\"http:\/\/www.foreignpolicy.com\/articles\/2010\/02\/18\/chinas_high_growth_ghost_towns?page=0,0\"><strong>Read more at Foreign Policy &gt;<\/strong><\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/forget-empty-housing-developments-china-is-full-of-new-and-totally-empty-cities-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-miserable-cramped-slums-of-beijing-college-graduates-2010-2\">The Heartbreaking Beijing Slums That Are Filled With Young College Graduates<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/it-sure-sounds-like-goldman-just-wrung-the-bell-at-the-top-of-the-shanghai-housing-bubble-2010-2\">It Sure Sounds Like Goldman Just Rang The Bell At The Top Of The Shanghai Housing Bubble<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/business-news\/feb-4-yawa2-2010-2\">Hey Taxpayers! Get Ready To Bail Out The FHA<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/_6J3GwLe58o\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From ForeignPolicy: In the gritty Inner Mongolian wind, I stood at the pinnacle of the global economy, at least in terms of GDP growth: the main drag of one of the fastest growing cities in the fastest-growing region in all of China, the world&#8217;s supposed new economic powerhouse. Built in a breakneck five years, Kangbashi [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-340814","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/340814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=340814"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/340814\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=340814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=340814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=340814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}