China's About To Launch Construction Of A New $1.4 Billion Port City

[samv]

Four Years Later, A Journalist Revisited China's Most Famous Ghost City - Here's The Depressing Way It Has Changed

MAMTA BADKAR0JUN 9, 2014, 10.46 PM

Rob Schmitz/Marketplace/American Public Media

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What does this have to do with the port city that China is building in Sri Lanka?

 

[AbidM]

The chinese have made a proposal to the BD GOVT for building a deep sea port at Sonadia Island, they've made other proposal to make deep sea port at Kutubdia and UAE is looking to build a deep sea port at putakhali.

Looking forward to chinese investments if it goes through, currently their against, UAE, some Scandanavian countries, America to build and finance a port at sonadia. which will be good because than sri lanka and bangladesh can act as regional hubs

I also can't wait to see the port city built, I upload some pictures,

EDIT: IT wont let me post the pictures for some reason.

 

[TaiShang]

Sri Lanka allows Chinese submarine to dock
Chinese Defense Ministry said it is nothing unusual for its naval vessel to dock at Colombo port despite concerns raised by India.

Sri Lanka allowed a Chinese submarine to dock at its Colombo harbor in Colombo on Sunday, despite concerns raised by India about China's warming relations with the Indian Ocean island nation. Another Chinese submarine had called at the same port ahead of Chinese President Xi Jinping's visit to South Asia seven weeks ago.

"This is nothing unusual. Since 2010, 230 warships have called at Colombo port from various countries on goodwill visits and for refueling and crew refreshment," said Sri Lankan navy spokesman Kosala Warnakulasuriya.

"It is an international common practice for navy submarine to stop for refueling and crew refreshment at an oversea port," according to an official from China's Defense Ministry.

The official said the Chinese submarine docks during its escort missions in the Gulf of Aden and waters off Somalia.

However, India has already raised concerns over the frequency of Chinese visits to Sri Lanka, Indian officials said.

 

[kyle Chiang]

Cooperation benefit China and Sri Lanka.
Trade will help Sri Lanka to be a new rich land.

 

[bolo]

Four Years Later, A Journalist Revisited China's Most Famous Ghost City - Here's The Depressing Way It Has Changed

MAMTA BADKAR0JUN 9, 2014, 10.46 PM

Rob Schmitz/Marketplace/American Public Media

An empty street in front of an vacant residential complex in the city of Kangbashi, Ordos.

See Also

ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up

China's ghost cities aren't going away. Even as Beijing wants local governments to move away from GDP targeting and is more focused on developing social housing, wasteful construction still plagues China.

A report from CLSA's Nicole Wong,cited by the WSJ, found that the problem lies in the excess supply in China's third-tier cities. Vacancy rates for homes constructed in the past five years currently stand at 15%, but are projected to rise over 20% around 2016-2017, according to Wong.

Rob Schmitz, China correspondent for Marketplace/American Public Media recently ran a piece titled "China's economic boom leaves a trail of ghost cities." We reached out to Schmitz to get an update on Kangbashi and Yujiapu.

Schmitz points out that one of they key differences between visiting Ordos now, and back in October 2010 was people's attitudes. Back in 2010, residents of Kangbashi (new city of Ordos) were defensive when the place was dubbed a ghost city, but now many had come to accept it.

Schmitz said that many people had abandoned these ghost cities and moved back home. He also points out what China bulls like Stephen Roach have got wrong, when they argue that these cities tie into China's urbanization plan.

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LOOL. You failed big time. Try harder Ravi-san. Chinese ghost cities are not ghost cities at all. Do more research less trolling.

 

[Keel]

It supposed to be "CONTROVERSIAL" port!

Resist UN investigation.

EVIL Sri Lanka! Evil country make friend to another evil country like China.

Only US, Japan and Taiwan are the good countries.

Your postings are all about the same - "EVIL" this or that which is similar to some Vietnam- flagged posters who keep repetitively saying " thief this or greedy that" on every posts
All accusations which are unfounded and unsupported by any reference
The material contents of yours are reduced to the levels lower than illiterate rogues

You lots have no contributions to the forum at all!
I wonder why you people are not permanently banned!

 

[Keel]

China is rich.

No we arent

But we are very capable of helping advance a country peacefully through civil means, making win-win projects one after another and most everywhere in the world, namely S lanka, many African brother states, S Americans and even in Norh America, Europe and during the course, we help lift the quality of livelihood of most friendly (and some unfriendly ) nations at affordable prices

 

[Kolaps]

Your postings are all about the same - "EVIL" this or that which is similar to some Vietnam- flagged posters who keep repetitively saying " thief this or greedy that" on every posts
All accusations which are unfounded and unsupported by any reference
The material contents of yours are reduced to the levels lower than illiterate rogues

You lots have no contributions to the forum at all!
I wonder why you people are not permanently banned!

EVIL this or that

Thief this or that

Greedy this or that

Ambitious this or that

But the media is also wrote that way too.

 

[samv]

UPDATE ON THE LOTUS TOWER CHINA IS BUILDING:

 

[jkroo]

UPDATE ON THE LOTUS TOWER CHINA IS BUILDING:

There will be a wonderful place.

 

[TheMatador]

Four Years Later, A Journalist Revisited China's Most Famous Ghost City - Here's The Depressing Way It Has Changed

MAMTA BADKAR0JUN 9, 2014, 10.46 PM

Rob Schmitz/Marketplace/American Public Media

An empty street in front of an vacant residential complex in the city of Kangbashi, Ordos.

See Also

ART CASHIN: Traders Are Talking About A Gold Conspiracy Theory And There's Evidence To Back It Up

China's ghost cities aren't going away. Even as Beijing wants local governments to move away from GDP targeting and is more focused on developing social housing, wasteful construction still plagues China.

A report from CLSA's Nicole Wong,cited by the WSJ, found that the problem lies in the excess supply in China's third-tier cities. Vacancy rates for homes constructed in the past five years currently stand at 15%, but are projected to rise over 20% around 2016-2017, according to Wong.

Rob Schmitz, China correspondent for Marketplace/American Public Media recently ran a piece titled "China's economic boom leaves a trail of ghost cities." We reached out to Schmitz to get an update on Kangbashi and Yujiapu.

Schmitz points out that one of they key differences between visiting Ordos now, and back in October 2010 was people's attitudes. Back in 2010, residents of Kangbashi (new city of Ordos) were defensive when the place was dubbed a ghost city, but now many had come to accept it.

Schmitz said that many people had abandoned these ghost cities and moved back home. He also points out what China bulls like Stephen Roach have got wrong, when they argue that these cities tie into China's urbanization plan.

View attachment 143356

LOL at Indians burning with jealousy

 

[samv]

UPDATE ON THE LOTUS TOWER CHINA IS BUILDING, DECEMBER 2014: