Green Builders Blog

Vic G asked:


Over the past two decades or so, Beijing has seen comprehensive, multi-stage upgrades in its mass transit & metro systems, train stations, airport, and streets. It has also been the recipient of an unparalleled series of new constructions such as the National Centre for the Performing Arts, the National Stadium and other buildings on the Olympic Green, the buildings at Wangfujing, the Central Business District, the Central Financial District, as well as a seemingly countless number of hotels, shopping complexes, and residential plazas. Who are the major financiers of Beijing’s giant leap into the 21st century? Are they mostly private concerns, and of which nationalities? Or are the upgrades largely subsidized by the Chinese government, fed by its surplus, ahead of the 2008 Summer Olympics? What percentages of money flowing into Beijing’s construction are private domestic money, private overseas money, and governmental? Who retains ownership of these buildings?

Monique