To: neolib who wrote (520471 ) 11/8/2012 8:08:47 PM From: Bridge Player 8 Recommendations Read Replies (1) | Respond to How much of the growth in the Chinese economy in the last 5-10 years is based on stuff like this? Hard to believe that you are sincere in a statement (paraphrasing) that proper accounting for both the U.S. and China would lead to a conclusion that their GDP has already passed the U.S. What total nonsense. Photos Why This Huge Chinese Mall Is Empty Kaid Benfield Mar 30, 2012 past their prime and doomed by a business model stuck in the late 20th century . Although I am no fan of the architectural form or the way malls became de facto , mass-manufactured, neo-public spaces (while being vastly inferior to true public spaces) in American suburbs, there can be something profoundly sad when they fail .Courtesy: Remko Tanis /Flickr its Wikipedia entry , it has an astounding 2,350 available retail spaces, only 47 of which are occupied.Courtesy: Remko Tanis /Flickr Courtesy: Jason Fung /Flickr describes the mall on his blog : A local billionaire built it, and they did not come. The South China Mall was the most ambitious and largest retail space ever conceived in China, if not the world, when it opened in 2005. Constructed smack in the middle of the Pearl River Delta between Shenzhen and Guangzhou, about 4 million people live within six miles of it, 9 million within twelve miles and 40 million within sixty miles. Nonetheless, six years later, the South China Mall only maintains a 1% occupancy rate at best. ww.theatlanticcities.com/jobs-and-economy/2012/03/why-huge-chinese-mall-empty/1637/Go visit a modern Chinese city, then come back and find a comparable one in the USA. Then write a report on American Exceptionalism.
