How Shanghai Changed The Last 20 Years

The Chinese were able to learn from their mistakes from the past and turn them into positives in order to better improve their economy for the future. With the opened ports and foreigners free to visit China, the educated citizens class was increasing in numbers. Many of these people were not happy with the progress of the Qing Dynasty and started to form groups in order to help find alternatives to certain situations. By 1912 the last Chinese emperor stepped down and the order that had ruled over China for two thousand years had finally fallen. This was a new start for the China. The rebuilding of China was very difficult, but using what they had learned, China was able to modernize themselves in many aspects, including military, improve their economy, and overall developed themselves into a superior country.

China’s population was growing rapidly, almost doubling between 750 and 1100. Because of this huge population boom, paper money was established, and the trade industry grew. There were many advances that were made, such as technological improvements

China has changed in certain ways and remained the same in others from the early Golden Ages to the late 1900s. China has experienced a series of cultural and political transformations, shaping the lives of many Chinese citizens. Culturally, the country’s art and literature hardly changed for almost eight hundred years. Along with their culture, China remained politically the same from the beginning of the Golden Ages all the way until the 1800s. On the other hand, China’s government and society were restructured after new leaders took over. From a monarch to total communism, China’s society had a multitude of new ideas and policies they had to adapt to.

Post-housing/financial crisis of 2007-2009, the housing market seems to be showing signs of improvement after great downturn. With the downturn in housing prices, many homeowners did not have enough equity to avoid taking a loss on the sale of their homes so they are sitting with home loans based off of higher-than-current mortgages. However, in November the National Association of Home Builders’ sentiment index jumped to 20, which is the highest reading in over a year. Demand for mortgages has also seemed to pick up a bit according to the Fed’s 4th quarter loan survey. Construction remains at historically low levels but has increased as of late, and the number of

First of all, every little detail is necessary for a job applicant. The interviewer has to select specific questions in order to find the best applicant for the job.

privateowned restaurants and roadside vendors increased along with the appearance of disco in big cities. These new changes in the Chinese society showed that it was a sign of change for the bet ter, and the Chinese economy kept on growing.

When one thinks about the quality of life in China, people assume that they are thriving due to the booming markets in their big cities. However, most of China is considered rural and conditions are not like that of those in the city. Over the past decade, China has invested time and money into developing their power grids and the development of roads and highways, amongst other things. Their increase in infrastructure has increased the quality of life for everybody involved. Because they are able to hire cheap labor, they have been able to employ hundreds, if not thousands, in order to continue their growth, which makes way for quality of life improvements. According to the Federal Reserve Bank of Atlanta, “China spent 9% of GDP on infrastructure...” (Laurel Graefe). That is a very measurable amount of money!

This book is a harsh criticism China's housing reform system for destroying its own people, written by the author who observes China from liberal's point of view. The author, Qin Shao wrote for those people who want to learn about the large-scale housing revolution in China throughout crucial experiences that citizens have gone through. It criticize the demolition and relocation system, questioning the level of morals. In introduction, he gives concretely negative words of China's abusing housing system and as he explains the historical process in order. For instance, Shao describes the government's policies and its corruption as “crucial,” “distrustful,” and he even calls them as “ugly twins.” There

/////////These ideas bring me to my final point that corporate greed may be destroying the dreams of a green and eco-friendly world. “The former Shanghai Communist Party chief and Dongtan’s primary political backer, was sentenced in 2008 to 18 years in prison on corruption charges.” The New York Times. The party chief who at the time was spear heading the operation caused a momentary standstill in the plans. Also a failure to consult the general populous made it seem as though the people had no voice in the ideas of renovating their own city. With money or political standings backing every decision, it appears as though the government had stepped and put their ideas of what is better for the masses. This of course we know not to be true, and their failed attempt at a Utilitarian view demonstrates that the backers of the project were only thinking of themselves and not putting the needs of the people first. Sze brings up a valid point, that as well as the corruption in the government, there is also a contradictory belief that building an eco-city is eco-friendly. When in fact the production of the metals and plastic that it takes to even make an attempt at a self-sustained city might

who already came from a wealthy background in China. As a result, these people dressed more

From what I have seen, “the world is becoming smaller”(Diana 2001) differences between the U.S. and China are becoming less because of the Internet. From one of my friends who is still studying in China, the environment of education didn’t change a lot from the pass four years. He is still suffering through the high school graduation test, which is the most important test for every student in China. He said to me that comparing to him I’m living in heaven and he is living in hell. The culture and value has changed a lot. For example, “fast food culture, self center, money talks, and lost of the idea of family. However the credit system, independence, and law system in China are not as perfect as the U.S.”(Jian 2006) “China are not only growing very fast in economy but also losing the culture in the same speed.”(Jiyang 2003)

China is becoming more westernised, particularly the ‘cosmopolitan’ city of Shanghai, where demand for Western products is increasing rapidly as disposable income rises in line with China’s strong economic growth. Michel’s wanted to establish a foothold in the market at an early stage to demonstrate a long-term commitment, which has been identified as essential to compete successfully in the Shanghai market (per Tim Harcourt, Austrade Chief Economist).

By 1984, they were producing more than $1 million worth of rice and a range of side products, including rice wine. Their residential earning was up to about $200 a year. (Prager 52 ) This meant that they could begin replacing their mud-and-straw hats with solid brick houses. Shanghai today is a vast construction site with more than 20,000 projects, with 27,000 companies building bridges, tunnels, flyovers, ring roads, hotels, villas, golf courses and also public housing. This sparked national growth of about 10% a year.( 53 ) The Chinese now are going home

Since the mid of 1990s, accompanied with the deepening of economy reform of China, most social and economic relationships have been undergoing formidable transformation and the social and

China is one of the major economical players in today’s international market. China’s economy is the “seconds largest in the world after the United States” (Joseph, 63). This is a striking achievement due to fact that China is a “developing country”. China has achieved a great amount of success through the collaboration of political and economical regimes. The economical growth in China led to “one of the biggest improvements in human welfare anywhere at anytime” (Kristof, 15). Currently, China is experiencing a real-estate bubble. This eventually will hit a climax, disrupting the real-estate market within China. This real estate bubble that China is undergoing is considered one of the "biggest housing