"China has basically the inverse problem as America. We subsidize demand and restrict supply. They subsidize supply and restrict demand. We can’t rebuild fallen bridges. They build bridges to nowhere. In the most desirable cities in this country, every random Victorian house and park bench is a historic site that can’t be disturbed. There, they’ll bulldoze a 500 year old temple to build an endless skyscraper complex that no one wants to live in."
Nicely put, by .
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I thought finding yin-yang balance was an eastern thing
America’s focus on individual rights often leads to paralyzing overprotection, while China’s focus on collective progress sometimes sacrifices human-scale needs.
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Engineer Investor
@egr_investor
Isn't it ironic? China's got an excess of houses, while the US is scrambling for more. If only we could teleport that surplus halfway across the world! 
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Making up these abstract and useless binaries is one of the very many problems of America. Stop playing with words and ideas—face fucking reality, do real things, measure results, learn, repeat.
The Chinese approach is failing to adequately enrich the lawyers, consultants, and all the other folks that do the voluminous studies that almost no one ever reads. They are also missing the joy of hearing the complaints of the most misanthropic people at public comments.
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But ultimately the root cause is the same. Government more concerned with preserving the power of those who have it than addressing the needs of those who don’t.
Perverse incentives produce perverse outcomes.
There aren't a lot of Victorian houses and we can preserve them while building plenty of housing. Just look at New York. 1000+ foot high rises within a few steps of historic brownstones.
Of course, 500 years may not be as big a deal when you have 5000 years of history.
Daci temple in Chengdu. Built in 3rd century, rebuilt in the Tang dynasty (622). Now sitting in the center of Chengdu, with the IFS complex on one side, and the Taikooli shopping area on the other.
More history there than you will ever have.
Go back to school.
We should try not subsidizing demand nor restricting supply. I wonder if anyone has thought of that before.
I am not sure if I understand. If no one wants to live somewhere that does not mean the government is restricting demand. Doesn't it mean there simply is no demand?
Sounds like the solution is to allow Americans to move into those Chinese skyscrapers.
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Central planning is a powerful tool. We have ideological hang-ups about it, but it's the only way to accomplish big things.
Yes this was the impetus for their belt and road initiative- excess construction and industrial capacity post 2008.
The problem of government worried about deflation and a government worried about inflation.
We must learn from each other -both societies have hit the end of the road for policies that once made sense.
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I love your cope dear . While you are at it, China's new AI just beat OpenAI GPT4 in benchmarking tests. And even more, they trained the AI with an older, cheaper Nvidia chips, that is totally less advanced than the ones used by OpenAI.
The Berlin Wall fell for a reason. It would be foolish to consider trying to rebuild it - and all it represents - today.
No. That's completely just cherry picking a few instances. We subsidize supply all the time. Farmers, oil, the whole military industrial complex, all at the expense of the ppl.
Their 4 best preserved old cities (Pingyao, Lijiang Old Town, Huizhou Ancient City, and Langzhong Ancient City) are still more ancient than those Victorian buildings in the US...
The US IS subsidizing US supply: the oil industry, eg, banks, Wall Street.
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The Silk Road
@thesilkroad
The City God Temple of Pingyao City, Shanxi Province of China. Founded during the Western Zhou Dynasty (1046 – 771 BC) and rebuilt in 1370, Pingyao is one of China's four best preserved old cities together with Lijiang Old Town, Huizhou Ancient City and Langzhong Ancient City.
Are they still bulldozing the temples? During the cultural revolution they destroyed all the temples. And then rebuilt replicas a few decades ago when they realized they had destroyed thousands of years of cultural legacy. I'd be surprised if they were doing that just for graft
They build bridges to "nowhere" so that people can reach there, live there, and thrive there. Nowhere is no nowhere no more.
There's a lot of homeless Americans who'd take that in a heartbeat over being homeless. Lot of folks who'd take an overgrown national HSR system over the shittiness we have here. A lot of American GDP is just rent seekers not actual innovation.
"There, they’ll bulldoze a 500 year old temple to build an endless skyscraper complex that no one wants to live in." Really? Any citation for this claim?
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Zhao DaShuai 东北进修
@zhao_dashuai
China has the most numerous and best preserved ancient cities and towns in East Asia.
This is just a fact, yet many foreigners don't seem to know this.
This is Haining, just 100km Southwest from Shanghai city center.
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The sad part is that the US clearly has the better problem. We could fix our regulatory environment and unleash supply. But alas, we treat regulatory laws and agencies such as NEPA, CEQA, and the EPA as infallible sacred texts and high priests who are not to be questioned.
Are you really doing "ghost cities" memes in the year of our lord almost 2025?
"Sometimes they build stuff early because they actually plan things! This is a problem, like having a crumbling 100 year old infrastructure that we don't fix so we can send more bombs to kill kids"
Lovely notes from personal experiences/observations , which are truly reflective of real ground realities. Comments of "They subsidize supply and restrict demand.", however, might be a bit elusive. as no specific cases of "restrict demand", nor "subsidize supply".
Show how they “restrict demand” lol what’s that even mean?
Name one bridge to nowhere. Name one bulldozed temple.
You’re a fucking idiot.
I bet the author can't give one example of China in recent years bulldozing a 500 years old temple just to build a highrising no one wants to live in. And neither can you (or prove me wrong please). Because he made it up bc it fits in his ideology & bias against China.
“ I spent two weeks there but i witnessed they’ll bulldoze a 500 year old temple to build an endless skyscraper complex that no one wants to live in” do you need to read further? When you feed those fake narratives, you get attention but you ruin your future generations to come
This whole blog post is an exercise in ignorance and confirmation bias of an author completely clueless about a complex country and society he has absolutely no grasp of - so he's a perfect exemplar of the US intellectual class.
A bumfuck nowhere town is like 600k to China, in America it's like 350.
I don't want to hear from Americans talking about bridge to nowhere in China.
China builds anticipating future demand.
The US doesn't even take care of the people who need housing now.
Not sure what point you think you're making here, but there is no equivalence.
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Neither of you know what you are talking about.
The US overproduces & underproduces certain goods & services in the same way that China does, although perhaps not to the extreme in some cases.
What does the US make too much vis a vis China is the more pertinent question.
The entire premise of IRA is the subsidization of supply in conjunction with compulsory adoption. EVs, solar, wind - none of this is organic demand.
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Carl Zha
@CarlZha
Before 20th century, almost every Chinese city was surrounded by city walls. Most big city walls are gone except in Xi'an and Nanjing. But there are some smaller cities that still have intact walls.
Taizhou still has 6km Ming Dynasty walls built against Japanese pirates (Wokou)
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Focus on making money for the few vs focus on wealth for everyone
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Li Jingjing 李菁菁
@Jingjing_Li
Besides futuristic cities, there are also cities with beautiful nature and traditional Chinese buildings.
This is the Classical Gardens of Suzhou, the style is believed to be originated from 475-221 BC.
This is also China.
#travelChina
#travelChinaShow more
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Xinhua Culture&Travel
@XinhuaTravel
Located in Zhenglan Banner of Xilingol League, north China's Inner Mongolia Autonomous Region, the relic site of Xanadu, or Yuan Shangdu ruins, is one of the best preserved sites of the capital cities of Yuan Dynasty (1271-1368) in China
How insightful! But you missed one contrast:
U.S. fights decades of wars for Israel.
China fights no wars.
Don't compare American "history" with Chinese history. It can only become a joke.
You have no idea what you're talking about. Resign and delete your account.
The “bridges to nowhere” thing is so fucking dumb, American publishers did this with the “ghost cities”. When you invest in a population, you’re building a future for your country whose purpose becomes apparent with time, something people like you fail to comprehend.