Urban agriculture: Another Win-Win for China?

china-ghos-town-half-built-structures-ayres

 

Report from China: Robert Ayres

In my last post I explained why (private) investment the automobile industry was a huge win-win for the US in the early years of the 20th century, for reasons that do not apply to 21st century China. In fact, there are strong arguments that the overall impact of still more cars (and highways) in China will be more nearly a lose-lose proposition, the only winners being the foreign auto manufacturers.

However, I think there is another investment opportunity, still in its infancy, that – if pursued intelligently – can be a true “win-win”.

Continue reading

China’s Lose-Lose Love Affair with the Modern Motor Car

Report from China: Robert Ayres

In December I travelled to the city of Kunming, in Yunnan province, China. The occasion of the trip was to attend a conference on planning and give a talk on economics at that conference. The host was the newly appointed provincial Governor, who is also the Communist Party Chairman for Yunnan. The organizer was the former chief planner for Singapore, and the attendees were academics and civil servants in the urban planning departments from all of the major cities of  organizer was the former chief planner for Singapore, and the Yunnan province. I was invited on short notice (only two weeks) and I was asked to provide a copy of my talk in advance, without much detailed information about the actual situation. What I did know about China was more applicable to Beijing and Shanghai than to Kunming. So, I had to “punt”, as they say.

Continue reading