{"id":5551,"date":"2026-07-15T08:06:50","date_gmt":"2026-07-15T08:06:50","guid":{"rendered":"https:\/\/bestusamoverss.com\/?p=5551"},"modified":"2026-07-15T08:06:50","modified_gmt":"2026-07-15T08:06:50","slug":"building-things-and-breaking-things-in-china-summer-school-world-tour","status":"publish","type":"post","link":"https:\/\/bestusamoverss.com\/?p=5551","title":{"rendered":"Building things and breaking things in China (Summer School World Tour)"},"content":{"rendered":"<div>\n<p>China&#8217;s turbocharged growth may have made it rich, but now it has to deal with rich country problems.\u00a0<\/p>\n<p>Read more <a href=\"https:\/\/bestusamoverss.com\/?p=5550\">World Tour 2: Building things and breaking things in China<\/a><\/p>\n<p>High-speed trains that connect every town. Gleaming new bridges and skyscrapers. An apartment (or two) for every family. No country on Earth has seen the kind of economic growth that China has over the last 50 years. China has become the factory to the world, a grand experiment in central government planning mixed with personal ambition.\u00a0<\/p>\n<p>It was all enabled by what our guide for today calls, an engineering state, a central planning mindset where leaders believe they can engineer their way out of economic problems. And problems are mounting.\u00a0<\/p>\n<p>Read more <a href=\"https:\/\/bestusamoverss.com\/?p=5548\">Less oil, more soybeans, and car junk fees<\/a><\/p>\n<p>Today on the show, the perils of prosperity and the despair of success as China deals with overbuilding.\u00a0<\/p>\n<p>We&#8217;ll travel back to China&#8217;s free-wheeling boom-era of the early 2000s and hang out with a property developer who amassed his wealth at the center of the action \u2013 private jet rides, thousand-dollar fish soup, casual bribes. Then, as the economy slows, we ask what can we learn from the despair of success. Does rising youth unemployment signal a less prosperous future? With young people struggling to find white-collar jobs, some of them are opting out of work altogether.\u00a0<\/p>\n<p>Read more <a href=\"https:\/\/bestusamoverss.com\/?p=5546\">Mystery bidder buys T. rex nicknamed \u2018Gus\u2019 for a record $50 million<\/a><\/p>\n<p>Featured Episodes:<\/p>\n<ul>\n<li>China&#8217;s real estate crisis, explained (2023)\u00a0<\/li>\n<li>Young, &#8220;spoiled and miserable&#8221; in China (2023)\u00a0<\/li>\n<\/ul>\n<p>Featured Terms:\u00a0<\/p>\n<ul>\n<li>Socialism with Chinese Characteristics<\/li>\n<li>Engineering State<\/li>\n<li>Malinvestment<\/li>\n<\/ul>\n<ul>\n<li>Planet Money+<\/li>\n<\/ul>\n<ul>\n<li>Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life (Audiobook here)\u00a0<\/li>\n<li>Our weekly longform Planet Money newsletter<\/li>\n<li>Our weekly Indicator link round-up newsletter<\/li>\n<li>Dan Wang&#8217;s book: Breakneck: China&#8217;s Quest to Engineer the Future<\/li>\n<\/ul>\n<ul>\n<li>Instagram<\/li>\n<li>TikTok<\/li>\n<li>YouTube<\/li>\n<li>Facebook<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>China\u2019s turbocharged growth may have made it rich, but now it has to deal with rich country problems.\u00a0<\/p>\n<p>High-speed trains that connect every town. Gleaming new bridges and skyscrapers. An apartment (or two) for every family. No country on Earth has seen the kind of economic growth that China has over the last 50 years. China has become the factory to the world, a grand experiment in central government planning mixed with personal ambition.\u00a0<\/p>\n<p>It was all enabled by what our guide for today calls, an engineering state, a central planning mindset where leaders believe they can engineer their way out of economic problems. And problems are mounting.\u00a0<\/p>\n<p>Today on the show, the perils of prosperity and the despair of success as China deals with overbuilding.\u00a0<\/p>\n<p>We\u2019ll travel back to China\u2019s free-wheeling boom-era of the early 2000s and hang out with a property developer who amassed his wealth at the center of the action \u2013 private jet rides, thousand-dollar fish soup, casual bribes. Then, as the economy slows, we ask what can we learn from the despair of success. Does rising youth unemployment signal a less prosperous future? With young people struggling to find white-collar jobs, some of them are opting out of work altogether.\u00a0<\/p>\n<p>Featured Episodes:<\/p>\n<ul class=\"rte2-style-ul\">\n<li><a href=\"https:\/\/www.npr.org\/2023\/11\/15\/1197954635\/chinas-real-estate-crisis-explained\"target=\"_blank\"   >China\u2019s real estate crisis, explained (2023)\u00a0<\/a><\/li>\n<li><a href=\"https:\/\/www.npr.org\/2023\/08\/30\/1196890793\/young-spoiled-and-miserable-in-china\"target=\"_blank\"   >Young, \u201cspoiled and miserable\u201d in China (2023)\u00a0<\/a><\/li>\n<\/ul>\n<p>Featured Terms:\u00a0<\/p>\n<ul class=\"rte2-style-ul\">\n<li>Socialism with Chinese Characteristics<\/li>\n<li>Engineering State<\/li>\n<li>Malinvestment<\/li>\n<\/ul>\n<p><em>Support:<\/em><\/p>\n<ul class=\"rte2-style-ul\">\n<li><a href=\"https:\/\/n.pr\/3HlREPz\"target=\"_blank\"   >Planet Money+<\/a><\/li>\n<\/ul>\n<p><em>Read:\u00a0<\/em><\/p>\n<ul class=\"rte2-style-ul\">\n<li>Our book: <a href=\"https:\/\/lnk.to\/i3AukBdD\"target=\"_blank\"   >Planet Money: A Guide to the Economic Forces That Shape Your Life<\/a> (<a href=\"https:\/\/open.spotify.com\/show\/509P7k1QPcwgzOSCqVCDCZ\"target=\"_blank\"   >Audiobook here<\/a>)\u00a0<\/li>\n<li>Our weekly longform <a href=\"https:\/\/n.pr\/3zrFvUB\"target=\"_blank\"   >Planet Money newsletter<\/a><\/li>\n<li>Our weekly <a href=\"https:\/\/www.npr.org\/newsletter\/indicator\"target=\"_blank\"   >Indicator link round-up newsletter<\/a><\/li>\n<li>Dan Wang\u2019s book: <a href=\"https:\/\/danwang.co\/breakneck\/\"target=\"_blank\"   >Breakneck: China&#8217;s Quest to Engineer the Future<\/a><\/li>\n<\/ul>\n<p><em>Follow:\u00a0<\/em><\/p>\n<ul class=\"rte2-style-ul\">\n<li><a href=\"https:\/\/n.pr\/3FqLuws\"target=\"_blank\"   >Instagram<\/a><\/li>\n<li><a href=\"https:\/\/n.pr\/3sGZdrq\"target=\"_blank\"   >TikTok<\/a><\/li>\n<li><a href=\"https:\/\/lnk.to\/iCVDaW3C\"target=\"_blank\"   >YouTube<\/a><\/li>\n<li><a href=\"https:\/\/n.pr\/3h92GwS\"target=\"_blank\"   >Facebook<\/a><\/li>\n<\/ul>\n<p><em>This episode of Planet Money Summer School is hosted by Robert Smith. It was produced by Sophia Paliza-Carre, fact-checked by Sierra Juarez, and engineered by Maggie Luthar. This episode was edited by Planet Money Executive Producer Alex Goldmark.<\/em><\/p>\n","protected":false},"author":1,"featured_media":5549,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[125],"tags":[],"class_list":["post-5551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-planet-money"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Building things and breaking things in China (Summer School World Tour) - Best USA Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bestusamoverss.com\/?p=5551\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Building things and breaking things in China (Summer School World Tour) - Best USA Movers\" \/>\n<meta property=\"og:description\" content=\"China\u2019s turbocharged growth may have made it rich, but now it has to deal with rich country problems.\u00a0High-speed trains that connect every town. Gleaming new bridges and skyscrapers. An apartment (or two) for every family. No country on Earth has seen the kind of economic growth that China has over the last 50 years. China has become the factory to the world, a grand experiment in central government planning mixed with personal ambition.\u00a0It was all enabled by what our guide for today calls, an engineering state, a central planning mindset where leaders believe they can engineer their way out of economic problems. And problems are mounting.\u00a0Today on the show, the perils of prosperity and the despair of success as China deals with overbuilding.\u00a0We\u2019ll travel back to China\u2019s free-wheeling boom-era of the early 2000s and hang out with a property developer who amassed his wealth at the center of the action \u2013 private jet rides, thousand-dollar fish soup, casual bribes. Then, as the economy slows, we ask what can we learn from the despair of success. Does rising youth unemployment signal a less prosperous future? With young people struggling to find white-collar jobs, some of them are opting out of work altogether.\u00a0Featured Episodes:China\u2019s real estate crisis, explained (2023)\u00a0Young, \u201cspoiled and miserable\u201d in China (2023)\u00a0Featured Terms:\u00a0Socialism with Chinese CharacteristicsEngineering StateMalinvestmentSupport:Planet Money+Read:\u00a0Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life (Audiobook here)\u00a0Our weekly longform Planet Money newsletterOur weekly Indicator link round-up newsletterDan Wang\u2019s book: Breakneck: China&#039;s Quest to Engineer the FutureFollow:\u00a0InstagramTikTokYouTubeFacebookThis episode of Planet Money Summer School is hosted by Robert Smith. It was produced by Sophia Paliza-Carre, fact-checked by Sierra Juarez, and engineered by Maggie Luthar. 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Gleaming new bridges and skyscrapers. An apartment (or two) for every family. No country on Earth has seen the kind of economic growth that China has over the last 50 years. China has become the factory to the world, a grand experiment in central government planning mixed with personal ambition.\u00a0It was all enabled by what our guide for today calls, an engineering state, a central planning mindset where leaders believe they can engineer their way out of economic problems. And problems are mounting.\u00a0Today on the show, the perils of prosperity and the despair of success as China deals with overbuilding.\u00a0We\u2019ll travel back to China\u2019s free-wheeling boom-era of the early 2000s and hang out with a property developer who amassed his wealth at the center of the action \u2013 private jet rides, thousand-dollar fish soup, casual bribes. Then, as the economy slows, we ask what can we learn from the despair of success. Does rising youth unemployment signal a less prosperous future? With young people struggling to find white-collar jobs, some of them are opting out of work altogether.\u00a0Featured Episodes:China\u2019s real estate crisis, explained (2023)\u00a0Young, \u201cspoiled and miserable\u201d in China (2023)\u00a0Featured Terms:\u00a0Socialism with Chinese CharacteristicsEngineering StateMalinvestmentSupport:Planet Money+Read:\u00a0Our book: Planet Money: A Guide to the Economic Forces That Shape Your Life (Audiobook here)\u00a0Our weekly longform Planet Money newsletterOur weekly Indicator link round-up newsletterDan Wang\u2019s book: Breakneck: China's Quest to Engineer the FutureFollow:\u00a0InstagramTikTokYouTubeFacebookThis episode of Planet Money Summer School is hosted by Robert Smith. It was produced by Sophia Paliza-Carre, fact-checked by Sierra Juarez, and engineered by Maggie Luthar. 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