There is new constructions throughout Beijing's urban districts. Most of the old-style courtyard houses have been demolished. (Guang Niu/Getty Images)
Does the Chinese economy look like a locomotive engine moving ahead at full speed? Or does it seem more like a big bubble which was blown up by a surge of investment?
The Chinese Communist Party (CCP) is willing to show the world its annual economic growth rate and its several stunning “Modern Shop Windows,” such as Shanghai, Beijing, Guangzhou, Shenzhen and other economically developed cities.
But apart from those wealthy cities, the equally important distribution of wealth, and the reality of the poverty existing in the vast regions outside of those “Modern Shop Windows” has been deliberately covered up.
What is the real truth behind China’s economic development? The following selection of photos will explain a little:
Almost every city in China is undergoing rapid civil development. A large number of cultural relics have become the victims of urban development. (The Epoch Times)
Demolition and relocation are of vital interest to people. (The Epoch Times)
Pollution problems are growing worse daily. There is still a long way to go to solve these problems. (The Epoch Times)
While a small number of people enjoy luxuries, many of the disadvantaged groups have been forgotten. (The Epoch Times)
The RMB exchange rate is increasing at a constant pace. The experts have warned that excessive appreciation of RMB could lead to a financial crisis. (China Photos/Getty Images)
Experts worry about China's "Nationwide Speculation" It is estimated that 10 percent of the population have invested in the stock market, which is evolving into a social problem. (The Epoch Times)
China's human rights record remains poor; petitioners are often arrested. (The Epoch Times)
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