[skm]

According to the reporter, this abandoned theme park is a harbinger of doom for China's economy. But couldn't it instead be viewed as evidence of entrepreneurial risk-taking activity? Taking risks, by definition, involves projects that don't pan out.

Imagine if, every time a silicon valley startup abandoned 100k lines of code to pursue a better idea, reporters swooped in and pointed this out as evidence of impending doom.

(Note that I'm not addressing, and certainly not condoning, China's societal/governance problems, e.g. whether the land was taken unfairly from the farmers, etc. That's a whole 'nother ball of wax.)

[prawn]

"Imagine if, every time a silicon valley startup abandoned 100k lines of code to pursue a better idea, reporters swooped in and pointed this out as evidence of impending doom."

Don't we just get "the bubble is bursting!" articles instead?

[wisty]

Also note, it was years ago. The China of 2002 was nothing like the China of 2012 - it had a completely different set of problems.