No Orders! Factories Close en Masse, Industrial Parks Demolished One by One, Shenzhen Turns to Ruins 

100% I’m sick of seeing made in China, their government does not share our values!

Hey dear hows uuuuu r u interested in china

@@dreamerinsan ?

@@linmal2242 r u chines girl

@@linmal2242 how old r u and r u interested in india for any bussines or life partner

These idiots have a 24 story pork farm/ slaughterhouse.

In about 198X to 200X Chinese labor and land was incredibly cheap because the workers were massively underpaid in comparison to US and Europe. Therefore the cheap manufacturing shifted into China. That lead to areas becoming more industrialized so more hi-tech manufacturing also shifted there - the costs have risen but so did the advantages. So. the costs of living and that of land has risen enough that low-cost low-complexity manufacturing (like textiles, toys, simple plastic junk, etc) is not profitable in China. Other Asian countries like Malaysia, India and Bangladesh are doing what China did 30 years ago becoming the new China for low-cost manufacturing. China is supposed to be now transitioning to high-cost high-complexity manufacturing like electronics - which it kinda did for the last decade or two. This is because US and Europe slowly lost their production infrastructure and even if the cost difference in not as large as it was, the only place where all the infrastructure is in place was in China even a decade ago. However unpredictable, harsh and pointless policies leading to industry-devastating effects, wolf-warrior diplomacy and the looming war is frightening for companies who do not want to lose their manufacturing capacity overnight as it happened in 2020 in China for example. They are trying to diversify and move out. Which means India and co are quickly industrializing and developing infrastructure that should in future rival Chinese one. This combined with the effects of mentioned policies mean that while the cost of living is still high, the competitive advantages China once had are now moot. In other words they think they are transitioning to high-complexity manufacturing but instead while low-tech is leaving China quickly because it is not competitive anymore, high-tech is not replacing it and instead is also slowly leaving. But censorship, lies, faked statistics and CCP mismanagement obscures the problem - they think they are growing and bet on it while in reality this is not so - thus their bets are doomed to fail taking economy down even further. In terms of buildings this translates to: very low cost land means building single-story buildings is viable and manufacturing in said buildings is cheap. But land prices has risen so it should be viable enough to build higher buildings. But it is not actually viable and the buildings are vacant.

No money T_T No Order Number 1

Arctic Catfish Shenzhen Zhong Gengci laughs

This has nothing to do with quality. This is due to the US derisking.

The overt reason is to build upwards... to replace outdated short industrial buildings with new high rise industrial buildings. Maybe the older buildings were falling apart? I have a feeling it's more like "building for the sake of", without proper due diligence. Maybe the desire for more industrial floorspace, but cheaper space, is to attract local entrepeneurs to replace risk-averse western companies who are leaving. So, it's possible that both of you have part of the reasoning. "Prestige project" may be another reason - local politics.

Plus being an aggressive illegitimate global player.

China is Thoroughly despicable. And the world is finally realizing it more

​@@ryanreedgibson10 to 15 years ago china started denying renewal of operating licences to foreign owned businesses, figuring it would decrease competition foe communist owned businesses and the communist could but the franchises, infrastructure and equipment for pennies in the dollar and they frequently did only to run businesses into the ground with shady business practices, cilut staff, half salaries, demand kickbacks from suppliers, selling defective or expired merchandise. They arrested anyone doing due diligence as a spy, most of these people were chinese citizens, it was simply communist party members protecting their corruption and shady business practices. Mostly it was companies being forced out when it was good, new people realizing the risks and not investing in realizing it would just be stolen. China has a dishonest reputation for tofu products.

Shoddy tofu-dreg construction. Never know when they will collapse.

You can make it look like you are super productive by borrowing money to pay people to dig holes then fill them up again. China was a primitive country and lots of infrastructure was needed but now they have high speed railstations in the middle of rice fields and their high speed rail is losing TRILLIONS a year. But officials look good and they can demand kickbacks from all the contractors who are encouraged or even required to do it so cheaply it will fall apart quickly.

why not telling the truth those factories of (Europeans and Americans) are foreign companies who violated Chinese laws on environment and workers rights? why not telling the truth that those factories are very old and obsoletes as far as 1980s? black propaganda and disinformation again? those demolished factories are replace by Chinese government with a brand new, futuristic, environment friendly and fully automated factories powered by 5G\ 6G network, I've been toured in Guangdong's manufacturing park as a big as Taiwan island demolishing old and outdated structures left out by foreign companies that refused to go futuristic and environment friendly

@@averybaumann China's infrastructures mostly build for the next generation of Chinese

Chinese state owned factories are fully automated by machines and computers with just few interventions by human touch, state owned factory workers has the full benefits from government as workers, only Americans and Europeans who treat Chinese workers as slaves and eternal prisons, that is why China are kicking out those western companies for violating Chinese environmental laws, not paying the right taxes and violations of Chinese workers rights like the FoxConn and Samsung

They're not idiots, they're incentive driven. It's bad for the country and the people. But it's very good for the one making the decisions.

Communists

Fuc**d😂😂😂😂

Confucius: " I never said all that $ hit" lol!

@@averybaumann Emperor Xi, "Confucius was a CIA agent".

Exactly right mate. But I say 'Who cares?'

Well, their tech kit seems to sell quite well. How much of your kit is Chinese? You bought it.

​@@t1n4444yes various TVs and cell phones were made in China over the last several years. However you're going to see a big change over the next decade

Exactly right Ken. Chinese products are shoddy quality. Better off buying from honest countries who can produce good quality (NOT CHINA)

Mexico and their african friends. 5 for the price of 1

They don't care if anyone is going to buy it. They get their rewards long before the building is done. What happens after is irrelevant to the people deciding what to build.

Becuase they cant afford it and when they can they find out its tofu

AI 5G Building Expertise

Well, some of it

They need the real concrete from the factories, to finish building the tofu dregs. Remember, one cubic meter of real concrete makes 20* cubic meters of tofu dregs concrete. *I might be optimistic with this estimate

China produced more concrete in one year than the entire West in the 20th century. Oh, and concrete is 3rd biggest source of CO2.

Concrete is made from cement, but the Chinese use styrofoam and sand. So, no great loss :)

They ate all the birds already😂

That's a good idea, however the ground would most likely be to toxic for agriculture. Maybe?

Their farmland is mostly doomed

Well said mate :)

And the Mirage real soon too.

Built in 1957? Yes, it’s time to go to make room for new ones….baseball stadium and another huge project. You see the new “sphere?”

Communists do not know anything about supply and demand. They think capitalism is just evil black magic.

why worry grow foods their when it is an industrial park, China has a agricultural farm and food plantations area which are 100x greater than the space of industrial park for food productions, they even extended and turn deserts into green farms and plantations

Yea who cares it’s China 🇨🇳

Convert to homes!? Lol! They already have half a billion empty units.

@@Confessor555 LOL I know , maybe these could be affordable ? As in almost free :-) Pay small rent ?

The air in China must be full of dust

Putting the cart before the horse ! Makes no rational business sense; building it by govt edict !

@@scottgordon1781 Yes, it's a good idea. However, I reckon they prefer that people take out loans to buy new homes instead, they're already giving people a hard time for not purchasing a new home. It's all about greed.

CCP- Confused China Party 😂😂😂

CCP: Corrupt Criminal Pirates

why not telling the truth those factories of (Europeans and Americans) are foreign companies who violated Chinese laws on environment and workers rights? why not telling the truth that those factories are very old and obsoletes as far as 1980s? black propaganda and disinformation again? those demolished factories are replace by Chinese government with a brand new, futuristic, environment friendly and fully automated factories powered by 5G\ 6G network, I've been toured in Guangdong's manufacturing park as a big as Taiwan island demolishing old and outdated structures left out by foreign companies that refused to go futuristic and environment friendly

Go back to rice farming no need for industry 🇨🇳

yer, I'd like to see that too :)

💯

Problem is this is like shuffling the deck chairs on the titanic as the saying goes the country has fallen apart economically China's reaction and action's after the covid outbreak and the fact that people are now totally aware of their horrible construction standards mean that companies are no longer prepared to send their employee's to work there The time lag for parts supply is also causing problems - I have had a chinese van for two and half years now and it has taken six weeks every time to get even a small part from china This small delay I put down to the Covid but they are still taking six weeks at a time to deliver parts not good enough

Exactly! I wonder how long they'll remain standing.

They'll probably manufacture even more delusions of grandeur.

A few months? if it's lasting that long, you must be getting the good stuff :)

Build and manufacture in America 🇺🇸

SimCity? Good Idea.

Environmental damage

And piles of debt.