Wasteful spending can weaken strong GDP foundations

In a 15-second bang, Xi'an, the capital of Shaanxi province, set a record in China on Nov 15 - with a controlled explosion which reduced a 118-meter-tall building to rubble.

The building, which was empty since 1999, was now no more than a memory amid the clouds of dust. I bet many laymen like me would consider this to be an unbearable waste.

It was a pity because the office tower was not even used for a single day. It was a shame, because it was a huge waste. And it's a regret, because not a single person was blamed for this.