Urban growth, from manufacturing to consumption and financialization : the case of China’s contemporary urban development

Theurillat, Thierry (Haute école de gestion Arc, HES-SO // Haute Ecole Spécialisée de Suisse Occidentale)

This article provides an empirically based novel research framework addressing ‘the land/built environment–finance and economic development nexus’ of China’s urban growth model. First, urban growth must be viewed beyond manufacturing and production activities to incorporate consumption activities. Mega-projects and infrastructure development have gradually become dependent on the incomes and spending of increasingly mobile consumers and residents. Second, the article highlights the ‘Chinese type’ of financialization of the built environment. As financial assets, urban land and real estate have been connected to newly emerging finance capital actors and circuits nationwide, as well as to direct cross-regional property investments made by urban households.


Keywords:
Article Type:
scientifique
Faculty:
Economie et Services
School:
HEG Arc
Institute:
IMVT - Institut du Management des villes et du territoire
Subject(s):
Economie/gestion
Date:
2021-03
Pagination:
15 p.
Published in:
Regional Studies
Numeration (vol. no.):
To be published
DOI:
ISSN:
0034-3404
Appears in Collection:

Note: The status of this file is: restricted


 Record created 2021-04-15, last modified 2021-04-26

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)