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Mammoth urban clusters are sprouting up all over China

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WT Economist

Beats living in a sod hut and trying to keep warm by burning dung.
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I wish more Americans would be proud of the spread of prosperity to other parts of the world instead of feeling threatened by it. What is actually threatening is an unsustainable trade gap which is going to lead to the U.S. going broke, followed by those who sell to it.

Victor E. in reply to WT Economist

This misses the point. Few if any Americans feel threatened by the mere fact of other countries becoming prosperous. What people (and not just Americans) do feel threatened by is authoritarian one-party states like China that are intent on global empire building becoming prosperous enough to export their repugnantly intolerant political systems to other parts of the world.
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Feeling threatened by such a prospect is perfectly rational, unless of course you are the kind of person who has no objection, either in principle or in practice, to being subject to the arbitrary control of an authoritarian one-party state, where rule of law has no place.

Hedgefundguy in reply to WT Economist

I wish more Americans would be proud of the spread of prosperity to other parts of the world...
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They should feel proud.
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They financed it by borrowing to buy imported junk.
Household Debt/GDP
1984: 48.5% Pre-Plaza Accords
1994: 62.9% Pre-WTO
2007: 97.9%
2016: 78.8% Post Financial Crisis, Consumer Bailout
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Monthly Trade Balance: Goods and Services - Balance of Payments
http://fred.stlouisfed.org/series/BOPGSTB
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NSFTL
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Houshu

"By 2030 roughly one in five of the world’s city-dwellers will be Chinese."
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In other words, by 2030, China's urbanization will just catch up with world's average...
--- just want to point this out for the benefit of a few provincial, xenophobic small minds.

dave of the coonties

Jean Gottman's 1961 "Megalopolis: The Urbanized Northeastern Seaboard of the United States" probably deserves to be re-read. Unfortunately, while the United States did reasonably well at building expressways and has good freight railroad transportation, it discouraged passenger rail. Ports seemingly remain substandard and the Jones Act, which requires US-flagged vessels between American ports, destroyed once-flourishing trade along the coast.