China’s Great Uprooting: Moving 250 Million Into Cities IAN JOHNSON June 15, 2013

Category: Video

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5 Responses to “China’s Great Uprooting”

  1. [...] Ritholtz, The Big Picture, China’s Great Uprooting, here. 250MM folks moving to the city in the next 10 -15 years. Go long IKEA and robot [...]

  2. Chad says:

    That’s ambitious considering the time frame.

  3. S Brennan says:

    The scale staggers, good vid.

    My first thought…mass migrations in human history have always involved great tragedy.

    My next thought; this kind of human interdependence provides disease with a inescapable prey.

    My third; Pride comes before the fall.

  4. jbegan says:

    I was watching the Chinese News/Cultural channel CCTV, and they mentioned that China builds the total dwelling count of Rome every 2 weeks. If that isn’t just braggadocio, that’s a lot of construction. As of 2011, the population of Rome was 2.778 million people. Just guessing from my time in Italy, the average household would be larger than the US average…probably more on the line of 8 per dwelling or about 347,250 dwellings every 2 weeks?

  5. lucas says:

    Contrary to one of the opening statements of the video, in China you do not get to move simply because you found a job. After you are offered the job, you must apply to the government to change your residence. The government may deny your application. In fact, current policy limits the number of people from a family who may migrate. Perhaps the video is implying a major change of policy. If so, plenty of young rural residents will welcome the opportunity.

    It is true that the population of China has received the benefits of the new prosperity very unevenly. It seems to me that rather than encourage migration, China would be better off improving rural opportunities.