China to flatten 700 mountains for new metropolis in the desert..China’s 64 million empty apartments
A long, long time ago, an old Chinese peasant named Yu Gong decided to move two inconveniently located mountains away from blocking the entrance to his home. Legend has it he struggled terribly, but ultimately succeeded. Hence the Chinese idiom “Yu Gong moves the mountains.” Where there’s a will, there’s a way. Now Chinese developers are putting old Yu to shame.
In what is being billed as the largest “mountain-moving project” in Chinese history, oneof China‘s biggest construction firms will spend £2.2bn to flatten 700 mountains levelling the area Lanzhou, allowing developers to build a new metropolis on the outskirts of the north-western city.
The Lanzhou New Area, 500 square miles (130,000 hectares) of land 50 miles from the city, which is the provincial capital of arid Gansu province, could increase the region’s gross domestic product to £27bn by 2030,according to the state-run China Daily. It has already attracted almost £7bn of corporate investment.
The project will be China’s fifth “state-level development zone” and the first in the country’s rapidly developing interior, according to state media reports. Others include Shanghai’s Pudong and Tianjin’s Binhai, home to a half-built, 120-building replica of Manhattan. China’s state council, its highest administrative authority, approved the Lanzhou project in August.
The first stage of the mountain-flattening initiative, which was reported on Tuesday by the China Economic Weekly magazine, began in late October and will eventually enable a new urban district almost 10 square miles in size northeast of downtown Lanzhou – a small, but important part of the Lanzhou Nnew area project to be built.
this cant go on forever..its a bit like the USA having a AAA rating with $17T in debt..the world knows china is doing this but doesnt say a word..accepting their growth rates..who is going to live in these cities?..will it be some sort of north korean people swap centre? or maybe a japanese migration to desert the sinking island?