Last year, China banned skycrapers of more than 500 meters high, and put considerable restrictions on those more than 250 meters high.
Now comes word that they’re banning buildings over 150 meters high as well.
Larger cities will be limited to 250 metres — less than half the height of China’s tallest buildings.
Now, special exemptions may still be given if a small city really needs a new skyscraper, but they absolutely, definitely cannot go above 250-metres.
Likewise, a bigger city could go higher than that if it has a convincing case, but if it wants to go over 500-metres then forget it. No more Shanghai Towers or Ping An Finance Centers — and that’s final.
There are even new rules to follow past the 100-metre mark. To go higher than that a building will need to meet certain seismic performance and fire safety requirements.
Which sort of suggests that they didn’t have seismic performance and fire safety requirements before. Or maybe not adequate requirements. (Previously.)
Here’s the article in video form:
The usual subjects are touched on: The real estate market collapse, buildings so large there was no way all the space in them would ever be rented, Ghost Cities, etc. But the fact that the skyscraper boom got so far out of whack with economic reality is just another indication of how much of China’s “economic miracle” is a complete mirage.
Tags: bubble, China, Communism, Economics, Foreign Policy, Ghost Cities, sky, video