
With China’s high level of exports and booming real estate market, it is predicted that the country is on its way to becoming the world leader in economic performance. As a result, the Chinese government has been taking steps to show the world its growing economy and the newfound modernity that has come with it. China’s largest cities have already spent hundreds of billions of dollars on new development and infrastructure projects, ranging all the way from from roads, bridges and buildings to new financial districts. In fact, the country is expected to lay down a total of 4.7 billion square feet of construction in this year alone. More information after the break.
In order to meet the demands of these unprecedented construction efforts, China has been hiring foreign firms to come in and execute their designs for the undeveloped land. Firms from countries like Europe and the United States are moving a portion of their employees to new offices in growing Chinese cities to take advantage of the opportunity to be involved in their growth. By doing so, these offices hope to not only escape the economic hardship in their own countries, but also gain increased publicity for their company name and earn the chance to create plans for huge developments that there simply isn’t enough space for in other parts of the world.
