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Skyscraper Alert in China?

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Tags Booms and BustsBusiness Cycles

10/18/2016

This report provides a description of the new largest building in the world. However, it is not a tall skyscraper so it does not fit nicely with the Skyscraper Curse analysis. Otherwise, we might expect a global economic crisis on the horizon.

The building is the world's largest as measured by square footage, which it has around 20 million square feet of floor space. That is more floor space than the equivalent of:

  • 20 Sydney Opera Houses
  • 3 Pentagons
  • 329 football fields

Mark Thornton is a Senior Fellow at the Mises Institute and the book review editor of the Quarterly Journal of Austrian Economics. He has authored seven books and is a frequent guest on national radio shows. Contact: email, Facebook, twitter.

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.

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