Real Estate

Expo 2010 Shanghai is scheduled to begin...

as the vanguard of novelty. They have already done this: Shanghai will host 192 countries (or every country in the world, a record in Universal Exposition history), pavilions will occupy an area of 5.28 square kilometers, and 70 million visitors are expected to attend the exhibition over the six months it is in session. The Chinese government has spent about four billion dollars on the exhibition itself, although some media outlets have taken into account all expenses connected with the fair, including the construction of a new terminal at Shanghai Airport, and quoted a figure of $58 billion.

Why does China need all this if it already captured the world"s imagination in 2008? Perhaps, because it wants to show that we have entered a new world that is different from that of 2008. Following the previous global economic crisis in 1929, the world abruptly entered a new technological era. Civil aviation, radio and refrigeration all became a part of everyday life. Cars acquired

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