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> The ghost city of Ordos Did you know Ordos has higher GDP per captica than HongKong?
by est 14y ago
> The ghost city of Ordos
Did you know Ordos has higher GDP per captica than HongKong?
- etrain 14y agoOnly in certain environments does divide by zero == +Infinity.
- cs702 14y agoSurely. Every single yuan spent on construction -- whether what is being built is useful or not -- gets added to GDP; so, if one takes all the spending in Ordos and divides it by its near-zero population, the number is surely impressive. The same logic applies to the entire country's GDP, BTW: take out spending on construction, and China's GDP growth looks a lot less impressive.
- est 14y agoOrdos has high GDP because it's extremely rich in natural resources. http://en.wikipedia.org/wiki/Ordos_City#Economy http://en.wikipedia.org/wiki/Ordos_City#Economy I think it's comparable to Dubai.
- cs702 14y agoOops, I meant to write, "if one takes all the spending in the ghost city of Ordos and divides it by its near-zero population, the number is surely impressive." The point I was trying to make wasn't about the overall Ordos area, just about its ghost city.
- est 14y agoThe old city has higher GDP per captica than HongKong. And the city looks like crap. That's why they've built a new one nearby.
- pjin 14y agoThis whole divide-by-zero rhetoric is a little silly. A quick google search yielded the following explanation: http://en.wikipedia.org/wiki/Kangbashi_New_Area http://en.wikipedia.org/wiki/Kangbashi_New_Area Ordos City itself apparently has close to 2 million people, but there's a fully developed urban housing district designed for 300,000 which has only reached 10% occupancy since 2010.