{"id":23230,"date":"2026-10-18T16:46:16","date_gmt":"2026-10-18T16:46:16","guid":{"rendered":"https:\/\/lonecandle.com\/?p=23230"},"modified":"2026-10-18T16:46:17","modified_gmt":"2026-10-18T16:46:17","slug":"the-real-reason-china-built-so-much","status":"publish","type":"post","link":"https:\/\/lonecandle.com\/?p=23230","title":{"rendered":"The REAL reason China built so much"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">At some point in the 1990s, the central Chinese government made it so that profitable things like factories didn&#8217;t benefit local government revenue as much because it started going to the central government instead. However, the local governments could still make money by leasing land, and they could make a lot more money leasing land if they built a bunch of cool and useful stuff, making the land more valuable.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"The REAL reason China built so much\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/axRhjqd-rus?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>At some point in the 1990s, the central Chinese government made it so that profitable things like factories didn&#8217;t benefit local government revenue as much because it started going to the central government instead. However, the local governments could still make money by leasing land, and they could make a lot more money leasing land if they built a bunch of cool and useful stuff, making the land more valuable. <\/p>\n<p>https:\/\/youtu.be\/axRhjqd-rus?is=2rlqM4pMyJ-lJF6R<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[89,217,165,167,823,1836,1631,141],"class_list":["post-23230","post","type-post","status-publish","format-standard","hentry","category-article-share","tag-china","tag-economics","tag-economy","tag-government","tag-incentives","tag-land","tag-local-government","tag-taxes"],"_links":{"self":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/23230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23230"}],"version-history":[{"count":1,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/23230\/revisions"}],"predecessor-version":[{"id":23231,"href":"https:\/\/lonecandle.com\/index.php?rest_route=\/wp\/v2\/posts\/23230\/revisions\/23231"}],"wp:attachment":[{"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lonecandle.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}