Dispelling the Myths Surrounding China's Growth

Adam Meyer, an architects practicing in Chengdu, scrutinizes some of the myths and projections surrounding China's rapid economic growth which have become so popular in the last half decade.

Meyer finds that "whereas the U.S. was built upon the backs of immigrants from outside of its borders, China's development owes its current success to its own huge population."

He rejects the notion that increased prosperity will bring about a democratic shift in Chinese governance. He finds that "citizens are too busy hustling to make money to be concerned with such matters." Similarly, he believes that the real estate bubble shows little signs of bursting because China's smaller cities will still power growth even when the tier one metropolises like Beijing and Shanghai begin to slow.

Full Story: Distilling China's Development

Comments

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245

Essential Readings in Urban Planning

Planning on taking the AICP* Exam? Register for Planetizen's AICP * Exam Preparation Course to save $25.
Wood necklace with city map

City Necklaces

These sweet pendants are engraved on a cedar charm with a mini map of selected cities. The perfect gift for friends and family or yourself!
$28.00
Book cover of Where Things Are from Near to Far

Where Things Are From Near to Far

This engaging children's book about planning illustrates that "every building has its place."
$19.95