Construction has been halted in the New District in Dandong, a Chinese city on the North Korean border that has spent heavily on urban development, despite its shrinking population. Photo: Amanda Lee
China’s shrinking cities are still addicted to building despite population slump
- Dozens of Chinese cities are spending big on construction projects, despite having shrinking populations
- 90 officially-designated cities have shrinking populations and 71 of those have expanded their urban areas
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China economy
Construction has been halted in the New District in Dandong, a Chinese city on the North Korean border that has spent heavily on urban development, despite its shrinking population. Photo: Amanda Lee
Minxin Pei, a professor of government at Claremont McKenna College and a non-resident senior fellow at the German Marshall Fund of the United States, wrote ‘China’s Crony Capitalism: The Dynamics of Regime Decay’. Photo: Winson Wong
US-China trade war inactivity could lead to the ‘worst recession in recent Chinese history’, says scholar
- Political economy professor Minxin Pei says Beijing lacks the will to make radical political changes to deal with the trade war with the United States
- Also says China’s strong control of the economy will eventually backfire, with economy slowing to its lowest growth point for almost 30 years
Topic |
US-China trade war
Minxin Pei, a professor of government at Claremont McKenna College and a non-resident senior fellow at the German Marshall Fund of the United States, wrote ‘China’s Crony Capitalism: The Dynamics of Regime Decay’. Photo: Winson Wong