The End of Megaprojects in China?

[@Looking4En]

Enjoy the video, and don't forget, you can go to 👉invideo.io/i/Looking4 to try Invideo AI for free!

[@memostothefuture]

Hi, I’m a documentary filmmaker and I’ve spent the last 12 years working in China. I wanted to comment to let you know that you did really well in your research. (Although the Chinese pronunciations are at times comical, sorry!) There is one thing that is worth adding: Chinese municipalities earn nearly no tax revenue from e.g. real estate taxes. Their only income is from land lease purchase taxes. That is why they constructed so much - they had no other way to earn money from these homes. (There are of course income taxes and taxes on businesses but it’s still a huge hole.) This is something that China will have to change and quite urgently so. Secondly, Xiong’an. You are right, it’s in the shitty part of Hebei. But it’s also in a flood-prone area. We have already seen Beijing Daxing airport flood multiple times and Xiong’an as well. It’s a, honestly spoken, stupid pet project. Shenzhen filled a real-world need - Deng Xioping wanted Guangdong province to have a way to escape abject poverty. Nobody in Beijing or surrounding cities really pines to live in Xiong’an. We will see if it can be a success.

[@ThaoTao-sn5ox]

😂😂😂 xã hội chủ nghĩa khác với tư bản chủ nghĩa hiểu không ❤ xã hội chủ nghĩa không tận diện thuế với người dân ok

[@ramathememe5674]

Mega projects should be made if they will have a 1000% return They take so much time, effort and money I ain’t building a fick all building just to have a 100% return over 50 years

[@mrklv1593]

But unlike your capitalist ass mindset, China does not build in its country for profit, they build to make peoples lives there more convenient

[@raykewin3608]

I love the smell of propaganda in the morning.

[@mooodeang]

The Öresunds bro in Sweden is 7.8 km long, goes from Malmö in Sweden to Copenhagen in Denmark.

[@koneos6580]

No worry. Xion An will be fully occupied and filled once all the public sector building moved in from Beijing.

[@tunasdaudtunasdaud7629]

Pintar... 😏😏😏 Saya lahir 1984.. Jadi yg belum pernah saya lihat.. Semua orang2 terkenal. Kuat.. Tewas dibakar.. 🤭🤭🤭

[@erictang4798]

China is great in building but shit in maintaining. God know what all these project might looks like in 30 years !

[@dariosuruguay8911]

keep crying

[@albertosanz8446]

30 years??...😂😂😂😂😂😂...I think 5-10 years more probable...😂😂😂😂😂😂😂

[@ty-ger4300]

@@albertosanz8446 It wil out last you and your family for sure what are you doing here anyway ? jealous? let see if you can build better

[@SumTingWong888]

@@ty-ger4300He is right. China built houses and buildings to last for 30 years because most land leases only last for 35 years. So builder is expecting that the land will not get the lease renewed and demolished for a new build.

[@purnasantulan3915]

grape is sour

[@erictang4798]

Please kindly move your feet Little Pink.

[@JAn-cr3ni]

Build megacity to land of four Borders that is middle of mainland.

[@FireAmazon-wm6yg]

Mike Pence 'We rebuilt China over the last 25 years'

[@DanH-u3f]

China is running out of capital for these projects.

[@FireAmazon-wm6yg]

Mike Pence 'We rebuilt China over the last 25 years'

[@synaestesia-bg3ew]

Maybe they should invent new projects for Saudi Arabia

[@AlirezaBarzegar-n4m]

so much garbage you put in your report.

I enjoy your videos but not the use of metrics only for all measurements. If you can't add the use of American measurements, I'll leave the channel.

[@Looking4En]

Oh sorry for that, I will add the two measures.