Tuesday, December 28, 2010

E-mails From China: How A Few Young Chinese Are Experiencing The Chinese Miracle

I queried a few young Chinese for their thoughts on a recent Business Insider slideshow about the Ghost Cities of China.

Below I reproduce their brief, e-mailed thoughts, unedited. This is not meant to be scientific, thorough or necessarily indicative of anything other than these individuals' opinions and perceptions of this issue and those related. I still believe it proves interesting.

1.) Student, female, 25-yo, from Hunan province, graduated from the University of International Business and Economics, Beijing, currently studying communications at graduate school in the US and traveling abroad in her spare time:
I always think that the real estate is a bubble, people just keep investing and hoping the price to go up, fake value.
But about the first link, I don't really believe that, I've been to many cities in China, even some of the ones mentioned in the news, but I never see the emptiness like that. And the way a Chinese city develop is that the government will decide which area will become the next new district, then they will direct the business to that direction. Sometimes it takes years for an area to become the new district - probably that is what this news(1st one) is talking about...?
2.) Student. female, 23-yo, finishing a degree at University of International Business and Economics, Beijing, currently unemployed and living with family in Shanghai:
if ur asking my opinion id say these are probably not real.
there is no such place in china with perfect living condition with out human.
chinese are everywhere, i highly doubt the government could do this with anybody known about it.

realty business in china is a very hot topic. basically u can make lots of money by buying lands at a low price and selling the houses/buildings/apartments at much higher prices. thats what they thought about it, theoretically. but the truth is people who need to buy a house doesnt have money(enough money) to buy it. but there always are richmen buying properties like crazy, they think the price is not gonna go down so its a zero risk investment. in genenral, ppl who needs the house cant afford it and ppl whos actually buying them they dont need to live in them. thats why lots of new buildings are empty.
it happened before in hainan we call that property bubble. but at that time ppl were not interested and all the buildings in sanya were empty.
u can tell what happens right now its quite similar.

chinese government is about to rise a new decree about house duty on the purpose of lower the housing price. it might work, but it rises new problems as well.
i cant predict what will happen, but i think the essential problem is that, there are TOO MANY PEOPLE HERE!!!!!!! and we are all VERY POOR!!!!!
From another e-mail:
there are so many misunderstandings about china, but even we're chinese, sometimes we dont know what the hell is going on. but the inflation here is definitely worse than the government anouced it would be. chinese are buying like crazy but i dont think its because we're rich its because the money we're holding is devaluing better we change it in to goods.
I am waiting on responses from a few other individuals. This post may be updated later if I hear back from them.

UPDATE (1/13/2011):

I received another response to the ghost city links, this time from a Chinese national who is currently a teaching assistant at an American university:
They are very interesting sensational news articles, indicated in the choice of words as "Amazing" and "Ghost". It seems that the authors use satellite images embedded with a strong technocratic rational to establish the authenticity of their bold claims. The general public who are not aware of the facts in China may easily buy into these claims, however, for Chinese audience, they may easily detect the flaws in the arguments. For example, the caption for one image says "No cars in the city except for approximately 100 clustered around the government headquarters." To my knowledge, it could not be an evidence for the claim of "ghost city", since the majority of people in China still don't have their private cars and the primary transportation is public transportation system. Also, I'm not sure about the accuracy of all the statistics.

However, I agree that satellite images do present many meaningful messages regarding cities' construction. In order to convincingly argue for this certain interpretation, as a reader, I expect more recourses from different angles.
Skepticism is a common theme, it seems.

45 comments:

  1. Interesting. How did you find them?

    ReplyDelete
  2. BobE,

    Friends of a friend. I'm supposed to be getting a few more responses but they haven't arrived yet.

    ReplyDelete
  3. Wonderful stuff Taylor. I have actually live and have lived in Beijing for 15 years and thought you might want to check out Patrick Chovanec's blog, who says he leans Austrian ;)

    http://chovanec.wordpress.com/2010/11/17/sex-and-the-city-housing-market/

    ...not quite the anarcho libertarian that I am.. .but he is moving in the right direction.

    ReplyDelete
  4. Hi tianrui,

    Thank you for the link, I am going to check it out. I had been reading Michael Pettis' blog for awhile but unfortunately he is too Keynesian and his analysis was getting increasingly arbitrary as a result, so I stopped reading.

    ReplyDelete
  5. Looking for some inspiration for your next trip? Find great vacation ideas and inspiration from Things to do with the source for the web ‘s best reviews to travel.

    ReplyDelete
  6. Hmm, I wonder, how did you find these people who gave you comments? I think that ghost cities appear in China primarily because they are built in unfavorable conditions for construction, such as soil, dry air, etc. Indeed, it depends on these parameters how strong the buildings will be and what insects will be found there. For those readers who want to delve into the topic of the parameters by which builders choose where to build houses, I recommend looking for videos on this topic on YouTube. I found many similar videos there, and most of them were posted on channels with at least 43 thousand subscribers! I am sure their authors have resorted to the services of https://soclikes.com/buy-youtube-subscribers in order to buy subscribers.

    ReplyDelete
  7. I simply needed to appreciate you again. I’m not certain the things that I would have taken care of in the absence of the points contributed by you on my problem. It seemed to be the daunting problem for me, however , looking at a new specialized form you handled it took me to weep over fulfillment. I am grateful for this help and in addition trust you are aware of a powerful job you happen to be accomplishing training most people through the use of a site. More than likely you’ve never come across all of us.

    I intended to post you a bit of observation so as to thank you so much as before regarding the magnificent pointers you’ve provided here. It’s strangely open-handed with you to offer freely exactly what a few people would have distributed as an e book in order to make some dough for themselves, primarily considering the fact that you might well have tried it in case you decided. Those smart ideas in addition acted like a easy way to fully grasp that other people have the identical eagerness just like my personal own to grasp more in terms of this problem. I think there are lots of more pleasurable times ahead for individuals who looked over your website.

    would like to show my appreciation to the writer for rescuing me from this type of situation. After looking through the the net and seeing methods which were not pleasant, I figured my life was over. Living minus the answers to the problems you’ve sorted out by way of your entire short article is a crucial case, and those that might have adversely affected my entire career if I hadn’t come across your web site. Your actual capability and kindness in maneuvering all the pieces was vital. I don’t know what I would have done if I had not come upon such a stuff like this. I can at this time look ahead to my future. Thanks for your time very much for this high quality and results-oriented guide. I won’t hesitate to refer your site to anyone who requires counselling about this issue.

    My wife and i ended up being so fortunate that Jordan managed to deal with his inquiry out of the precious recommendations he was given out of the blog. It’s not at all simplistic just to find yourself giving away tactics which often a number of people have been trying to sell. And we realize we’ve got the writer to be grateful to because of that. All of the explanations you made, the easy website menu, the friendships your site help engender – it’s got most fabulous, and it’s really aiding our son in addition to the family understand the topic is enjoyable, and that’s really pressing. Thank you for the whole lot!

    ReplyDelete
  8. Hmm, I wonder, how did you find these people who gave you comments? I think that ghost cities appear in China primarily because they are built in unfavorable conditions for construction, such as soil, dry air, etc. Indeed, it depends on these parameters how strong the buildings will be and what insects will be found there. For those readers who want to delve into the topic of the parameters by which builders choose where to build houses, I recommend looking for videos on this topic on YouTube. By the way you can always use the help of https://viplikes.net/buy-youtube-subscribers to quickly increase the number of your channel subscribers.

    ReplyDelete
  9. The information you provided is very useful, thank you very much for sharing useful information with us. You can apply for a Turkey visa online. You can get your Turkey Visa in just 1 hour by selecting the express processing type. It only takes 5 minutes to apply for an electronic visa Turkey. Apply Online.

    ReplyDelete
  10. "Hello there, I found your blog by way of Google while
    looking for a related matter, your website came up, it appears to be like good.

    I have bookmarked it in my google bookmarks."

    무료야설

    ReplyDelete
  11. It appears as if some of the written text on your content are running off the screen. Can someone else please comment and let me know if this is happening to them as well?

    오피헌터

    ReplyDelete
  12. "Today, I went to the beach front with my children. I found a sea shell and gave it to my 4 year old daughter and said ""You can hear the ocean if you put this to your ear."" She put the shell to her ear and screamed. There was a hermit crab inside and it pinched her ear. She never wants to go back! LoL I know this is entirely off topic but I had to tell someone!"

    타이마사지

    ReplyDelete
  13. This may be a problem with my internet browser because I’ve had this happen previously. Cheers!!

    안마

    ReplyDelete
  14. I was wondering if you ever considered changing the page layout of your site?
    Its very well written; I love what youve got to say. 토토

    ReplyDelete
  15. Very shortly this site will be famous amid all blogging and site-building people, due to it’s nice articles or reviews.
    경마사이트
    경마

    ReplyDelete
  16. I’m gone to inform my little brother, that he should also
    visit this blog on regular basis to take updated from newest gossip. 카지노사이트

    ReplyDelete
  17. I really like your blog.. very nice colors & theme. Did you make this website yourself or did you hire someone to do it for you? Plz reply as I’m looking to create my own blog and would like to know where u got this from. thanks 사설토토

    ReplyDelete
  18. just one click on our website. you know the procedure for microsoft office setup. 파워볼게임

    ReplyDelete
  19. Excellent Blog! I would like to thank you for the efforts you have made in writing this post.
    온라인카지노

    ReplyDelete
  20. Thank you for sharing this information. I read your blog and I can't stop my self to read your full blog. Again Thanks and Best of luck to your next Blog in future.
    온라인카지노

    ReplyDelete
  21. I finally found great post here. Thanks for the information. Please keep sharing more articles.
    스포츠토토

    ReplyDelete
  22. This article is very helpful and interesting too. Keep doing this in future. I will support you.
    온라인카지노

    ReplyDelete
  23. It is in reality a nice and useful piece of info. I am glad that you simply shared this useful info with us. Please keep us informed like this. Thanks for sharing. 온라인카지노

    ReplyDelete
  24. I need to to thank you for this great read!! I definitely enjoyed every little bit of it. I have got you bookmarked to check out new things you post… 카지노사이트핫

    ReplyDelete
  25. I am browsing this website daily and get good facts from here all the time. Aw, this was a really nice post. kenya visa requirements read online & fill Kenyans can apply for their eVisa in about 15 minutes by filling and submitting the visa application form.

    ReplyDelete
  26. I accidentally searched and visited your site. I still saw several posts during my visit, but the text was neat and readable. I will quote this post and post it on my blog. Would you like to visit my blog later? keonha cai


    ReplyDelete
  27. I’m not that much of a online reader to be honest but your blogs really nice, keep it up! I’ll go ahead and bookmark your website to come back later. Many thanks Feel free to visit my website; 카지노사이트

    ReplyDelete
  28. Thank you so much for this excellent blog article. Your writing style and the way you have presented your content is awesome. Now I am pretty clear on this topic, keep it up! Feel free to visit my website; 카지노사이트

    ReplyDelete
  29. I think I have never observed such web journals ever that has finish things with all points of interest which I need. So sympathetically refresh this ever for us. This is very interesting, Feel free to visit my website; 카지노사이트

    ReplyDelete
  30. Very nice article and straight to the point. I don't know if this is truly the best place to ask but do you folks have any idea where to get some professional writers? Thank you. 야한동영상

    Click this link
    야설

    ReplyDelete
  31. This is my first time i visit here. I found so many interesting stuff in your blog especially its discussion. From the tons of comments on your articles, I guess I am not the only one having all the enjoyment here keep up the good work 일본야동

    Click this link
    한국야동

    ReplyDelete
  32. This is my first visit to your web journal! We are a group of volunteers and new activities in the same specialty. Website gave us helpful data to work. 한국야동닷컴

    Click this link
    국산야동

    ReplyDelete
  33. I like your post. It is good to see you verbalize from the heart and clarity on this important subject can be easily observe 국산야동

    Click this link
    야설

    ReplyDelete
  34. I really happy found this website eventually. Really informative and inoperative, Thanks for the post and effort! Please keep sharing more such blog. 중국야동넷

    Click this link
    야설

    ReplyDelete
  35. I really get amazed to read this. It's excellent. Feel free to visit my website, thank you! 토토사이트

    ReplyDelete
  36. Great job for publishing such a beneficial web site. Feel free to visit my website, thank you! 카지노

    ReplyDelete
  37. Hi to all, it’s genuinely a pleasant for me to pay a visit this web site, it consists of valuable Information. Feel free to visit my website, thank you! 파워볼

    ReplyDelete
  38. I like your post, keep posted regularly on daily basis. Feel free to visit my website, thank you! 온라인카지노

    ReplyDelete