Tallest Under Construction Buildings in the World
skyscrapercenter.com
Tallest Under Construction Buildings in the World
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Re: Tallest Under Construction Buildings in the World
#2That's the related list of completed tallest building: http://www.skyscrapercenter.com/buildings?list=tallest100-co...
At the moment Shanghai (China) is the cities with most sky scrappers in the world.
Re: Tallest Under Construction Buildings in the World
#3Do we have someone here that could explain how this could affect the world if/when an economic crisis hits China? (only talking about the building construction)
Re: Tallest Under Construction Buildings in the World
#4Also notably, 26 out of the top 52 tallest buildings already constructed are also in China.
Re: Tallest Under Construction Buildings in the World
#5I live in Wuhan, where the second tallest building Wuhan Greenland Center (636m) is being built. I see it everyday, actually I also find this kind of thing weird, but anyway, it's a good name card for a city, and such construction can give many people jobs, moreover, it may attract more business to the city.
Re: Tallest Under Construction Buildings in the World
#6Do we have someone here that could explain how this could affect the world if/when an economic crisis hits China? (only talking about the building construction)
Hard to say. There are entire ghost cities in china because people cannot afford to live there. If an economy crisis hits china it’s possible that the entire world is in trouble (though not all countries). These things are hard to predict but china more or less uses local workers and materials. Only companies and people’s investments tied to those companies would in theory be in trouble.
Re: Tallest Under Construction Buildings in the World
#7Usually a good contra-indicator for economic health.
Re: Tallest Under Construction Buildings in the World
#8Do we have someone here that could explain how this could affect the world if/when an economic crisis hits China? (only talking about the building construction)
When I first visited Tianjin in 1999, there were a few partially completed tall concrete husk skyscrapers around town. Basically, they were victims of the Asian financial crisis, which, while it didn’t hit China hard, it hit them hard enough. China has been through boom and bust cycles before, it hasn’t been straight growth since the 80s for sure, even if it looks like it has been on paper. But after the crisis, they either refurbish the buildings into third-tier office space, or tear them down and start again.
I don’t think it really affects the rest of world at all. Raw materials will suffer, so the mining sector will take a hit, but that has happened already. A good crisis coupled with some opening up could make China more appealing for international (non-China focused) tech, which is simply difficult ATM with the current property bubble.
Re: Tallest Under Construction Buildings in the World
#9Usually a good contra-indicator for economic health.
How so? Are there historical examples?
Re: Tallest Under Construction Buildings in the World
#10Do we have someone here that could explain how this could affect the world if/when an economic crisis hits China? (only talking about the building construction)
Hard to say. There are entire ghost cities in china because people cannot afford to live there. If an economy crisis hits china it’s possible that the entire world is in trouble (though not all countries). These things are hard to predict but china more or less uses local workers and materials. Only companies and people’s investments tied to those companies would in theory be in trouble.
The ghost cities are more like ghost outlying districts of existing cities, and they are often heavily sold as speculation plays, so people own the apartments but few live there (Kangbashi in Ordos is a big example, being built up for 2 million, settling for 100k atm). They simply lack the jobs and facilities to attract people.
Meanwhile, places where people want to live become increasingly congested. However, you’ll find ghost malls even in Beijing and Shanghai (unneeded retail space).