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Aerial shot of Xinglong Lake in Chengdu

Thu, May 5, 2022 at 10:00 AM

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Chengdu invested heavily to create the "headquarters base" about 20-30 kilometers from the city center. Currently, it mainly attracts state-owned enterprises with political tasks and companies seeking subsidies.

Now that the Chinese economy has begun to decline, products of these real estate boom years are destined to return to their original state. I'm not too optimistic about this place.

Maintaining a water body incurs high costs. Initially, a lot of silt was cleared to create the contiguous large lake we see today. Now the government is out of money, so what will it become eventually?

  1. #headquarters base
  2. #state-owned enterprises
  3. #real estate boom
  4. #economic decline
  5. #water body

四川省成都市双流区兴隆街道流云·驿兴隆湖