Perhaps the biggest wild card in the world economy right now is China. Will the world's second-biggest economy keep growing strongly, or will it suffer for all the money it's borrowed in the past five years?
The Atlantic How 19th Century History Explains Present-Day China The Atlantic Reformers and Qing cliques alike called for action to prevent this, while arguing over how exactly China could be protected from suffering the fate of India, say, yet...
Philippa Rose's insight:
Orville Schell, John Delury, Jeffrey Wasserstrom, Peter C Perdue, Joseph W Esherick and Robert Kapp on how China's past has created it's present-day form.
We’ve all seen the reports on “ghost town” developments in China, showing acres of empty high-rise apartments and vacant shopping malls-Flawed financial incentives for cities, along with the poor phasing of services, amenities, and jobs create most of the problems.
An all-too-typical example is Chenggong, the new town planned for 1.5 million that boasts the growing Yunnan University, a new government center; and an emerging light industrial area.
Fortunately, Chenggong is experimenting with a new model of urban planning. With support from the national government and planning by the China Sustainable Transportation Center.
Peter Calthrope explains the economic, environmental and social problems created by China's "ghost town" developments and considers a sustainable alternative currently being considered in the city of Chenggong.
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