GDP must not be at cost of environment
IN JULY 2013, Broad Group held a ceremony in Changsha, Central China's Hunan province, to mark the laying of a cornerstone for a proposed 838-meter tower that would be taller than the Burj Khalifa in Dubai, which it said would be built within seven months. However, the reality is, even today the piece of land where it was said to be standing on has become a fishing pond. Beijing Times comments:
Many people are asking whether buying the land was a waste of money. Actually, more problems are involved, such as the land was acquired from local villagers, but it has not been used as promised; should the company return the land?
Also, the law forbids companies to run construction programs without environmental impact assessments. The Environmental Protection Bureau in Changsha said it has never received any document from the Broad Group applying for an environmental assessment, which echoes some previous reports that the proposed development is illegal and hasn't gained the necessary approval.