China

Evergrande, China's second-largest property developer, has said that it might not make interest payments on its bonds this week.  read more »

The skyscraper is an American invention. During the first 75 years of their existence, skyscrapers were concentrated in a small area south of 59th Street in Manhattan --- in 1962, only one of the world’s 10 tallest skyscrapers was outside that area (Cleveland’s Terminal Tower). It was not until 1975 that a non-US skyscraper entered the top ten (First Canadian Place in Toronto).  read more »

God has a special providence for fools, drunkards, and the United States of America.

~Otto von Bismarck  read more »

The 2021 edition of Demographia World Urban Areas includes current population estimates for the 985 identified built-up urban areas (Note 1 describes the background and methodology) with at least 500,000 population.This is a smaller number than last year, due to a methodology that rendered somewhat lower populations for some urban areas.  read more »

The 2020 TomTom Traffic Index reflects a huge drop in worldwide urban traffic congestion levels. Congestion levels (rated by the percentage of additional time required for auto travel during “rush hour”) dropped in 387 urban areas while increasing in only 13.  read more »

China added 70 million residents between 2010 and 2020, according to the seventh national population census, taken on November 1, 2020. This increase surprised some, such as the Financial Times, which had predicted a loss less than three weeks before the results were announced.  read more »

The COVID-19 pandemic has transformed the world economy in ways that will be debated by pundits and future historians for decades to come. Yet, as hard as it is to predict a disrupted future accurately, the pandemic (not to mention its probable successors) looks likely to produce clear economic winners and losers.  read more »

It's impossible to predict the future. But one thing you can be sure of: few things will be more important to the lives of our children than who wins the emerging, epoch-defining struggle for control of space.

This is a battle just beginning over who will control the communication satellites so central to our economy, as well as the vast resources of other planets. But ultimately, the new space battle represents a war over opportunities for colonization, for an increasingly resource-stretched and crowded earth.  read more »

Despite President Biden’s February 24^th vocal concerns about America’s growing dependence on unreliable foreign sources for the supply chain of materials and products to support electric cars, pharmaceuticals, hospital supplies to address the COVID-19 pandemic, and military hardware, his actions are directly opposite of his vocal concerns, as they are encouraging national security concerns.  read more »

China’s National Bureau of Statistics has just published freight transportation statistics for 2020. It tells much about China’s seemingly inexorable rise and its ties to the tangible economy. While different from most in the West, its stolidity and trajectory are fairly well-established.  read more »