China is 25 years ahead of the west

Treblemaka

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China had a housing bubble burst and has cities full of empty high rises, but now theyre building an partially transparent underground tunnel?

This looks like a propaganda piece.

Tank Fish and string ray in China are the size of cars now? When did that happen?
 
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IIVI

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It’s because of their Engineering/Manpower combination. When you have 5 times the population that’s a lot of bodies you can throw at something.

Four years to build that thing while it’ll take us four years to rebuild the Baltimore bridge that collapsed when that ship ran into it. We got good stuff here too, but it just takes us a lot longer to build.
 
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the cool

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China has a housing bubble burst and cities full of empty high rises, but now theyre building an partially transparent underground tunnel?

This looks like a propaganda piece.

Tank Fish and string ray in China are the size of cars now? When did that happen?
Huge bubble burst

Sold some property years ago. It’s worth half that now. Thank god I got out right time
 

Nkrumah Was Right

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Sources ?

The Chinese government itself popped its own real estate bubble. It did this to reduce financial risk in that sector and curb borrowing.

It might not be a big deal if the Chinese government disincentivizes housing equity as a wealth vehicle and incentivizes its people to put their savings in other forms of investment. Also, deflation is great for a lot of consumers. Particularly young people.
 

MoshpitMazi

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The Chinese government itself popped its own real estate bubble. It did this to reduce financial risk in that sector and curb borrowing.

It might not be a big deal if the Chinese government disincentivizes housing equity as a wealth vehicle and incentivizes its people to put their savings in other forms of investment. Also, deflation is great for a lot of consumers. Particularly young people.
So property is dirt cheap in China ATM or sum :jbhmm:

Wonder what the endgame is for Baejeang, they been kicking out foreign investors recently too. They're up to something
 

Diunx

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The problem with the west (at least the american continent) its how fukking long it takes to build shyt, so much red tape and corruption.

Not to mention shyt just gets abandoned and not properly manteined.
 

Mike Nasty

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The Chesapeake Bay Bridge Tunnel was completed in 1964 over 50 years ago.
Chesapeake-Bay-Bridge-Tunnel.jpg


 
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