Chinese village unveils skyscraper taller than the Chrysler Building

[Josquius]

They have to pad their GDP figures somehow, build, build, build.
Recent wobbles in China are quite worrying. For China`s bubble to finally burst I wouldn`t mind so much normally but when the rest of the world is in such a state....

[Neil]

It looks like a cartoon, where the villain that holds the village under his thumb is living in the skyscraper that obviously doesn't belong.

[Richard Hakluyt]

Looks like a city building game.

You can see the zoning just to the right of the tower, some dense commercial, light residential and maybe a subway station. What does orange stand for again? I forget 

[Monoriu]

Where did these guys get the funding to do this?  The more I think about it, the more I worry about my Chinese bank stocks 

[Richard Hakluyt]

There is one hell of an investment bubble..........but we all know this, the question is when it will pop?

[Scipio]

I thought I had seen some ugly buildings before.  Wow.  That is appalling.

[Valmy]

What is wrong with the Chinese?  This looks almost exactly like the kind of thing that led to the 1997 Pacific economic meltdown.

[Jacob]

What is wrong with the Chinese?  This looks almost exactly like the kind of thing that led to the 1997 Pacific economic meltdown.

The central government has less control of the regions economies than they'd like. They know there's a bubble, but the various factors encouraging individual and local actors to perpetuate the bubble are still there.

[DontSayBanana]

Thanks to that statue of the cow and the cartoony styling, I'm forever going to think of this building as "The Mooby Building."

[MadImmortalMan]

Huh.

http://www.businessinsider.com/huaxi-richest-village-china-photos-2011-10

That village is listed on their stock exchange. It's like some kind of visionary bubblemanic corporatist Potemkin.