The Avanti Group Architectural Designers Warning: World’s ‘tallest tower’ to be built in 9 months

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A Changsha developer dazzled the world when it built a 30-storey hotel within 15 days. Now as it aims to construct the world’s tallest building in a mere nine months, experts are raising questions about safety and wondering whether the project is part of a technological revolution or a public relations campaign.

 

On Saturday, a ground-breaking ceremony marked the start of construction of an 838-metre, 208-storey skyscraper on the outskirts of Hunan’s capital city, which its developer Broad Group estimated would be completed by April next year. If all goes to plan, the building will be crowned the world’s tallest building and be 10 metres taller than the Burj Khalifa in Dubai, which currently holds the title.

 

Some construction experts, however, have expressed doubts over the developer’s projections, questioning whether the astoundingly short construction period would be possible and whether the timeframe would compromise safety.

 

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“The techniques Broad Group are using are unprecedented in the world,” said Yin Zhi, director of Tsinghua University’s School of Urban Planning and Design.

 

“It either has achieved a stunning breakthrough in architectural technologies, or it is a fraud,” Yin told cnr.cn, the website of state-run CCTV.

 

Even if the project does signal a major breakthrough, Yin added, the technology could be put to better use in more economic and pragmatic areas, not to compete for the tallest-building title.

 

Using a novel modular construction method, Broad Group pre-manufactures most parts of the building in factories, and then assembles them once construction starts – like building with giant Lego pieces. In 2011, a time-lapse video shocked the world, showing Broad Group building a Changsha building at a rate of two days per floor.

 

Senior architect Lu Yin also found the Broad’s projected construction period beyond belief, the CCTV website reported. He noted that what worked in the past for low-level buildings might not work on skyscrapers that are well over 100 floors.

 

Super high-rise buildings usually take about five to 10 years to construct when using conventional techniques. Burj Khalifa in Dubai, for example, took Arabs 47 months to build. 

 

Zhang Yue, founder and chairman of the Broad Group, said the concerns were unnecessary. “The overall structure is extremely steady. It adopts that of a the pyramid shape and does not differ much from that of the Great Wall,” he told China News agency.

 

With an all-steel frame and fire-proof boards, the building will survive earthquakes up to magnitude 9 and potential fires, Zhang added.

 

Experts also raised doubts about potential safety hazards in the building last year when the building was still undergoing an assessment process.

 

The director of Hunan University’s School of Architecture, Wei Chunyu, who was a member of the assessment panel, was concerned the building could have safety hazards. He was especially worried that if a fire erupted on higher levels, it would be hard to contain and lead to disasters.

 

Accoding to the developer, the skycraper will have 1.05 million square metres floor space and cost a whopping 9 billion yuan (HK$11.3 billion) to build. Named “Sky City”, the mega building is designed to house various public facilities so the “building can serve as a city”, the developer boasted. It would house schools, an elderly care centre, hospital, offices in lower levels.

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The Avanti Group: Is Bitcoin’s bubble finally bursting?

The Avanti Group: Is Bitcoin’s bubble finally bursting?.

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Bitcoin is a digital currency based on some fancy cryptography that is designed to facilitate anonymous

transfers, and resist regulation by government.

A Bitcoin is essentially a claim on a string of numbers (that take the place of a physical coin) that can

be bought and sold. There are exchanges that will convert between bitcoin and other currencies, and

even some merchants who will take bitcoin in cash.

The idea of an anonymous digital currency itself is not new. David Chaum proposed the concept of

electronic cash and developed a scheme in the 1980′s. Chaum’s currency proposals never did really get

off the ground, but his keynote address at the first World Wide Web conference had a major impact on

the development of the Web.

Bitcoin itself is largely based on hashcash, a ‘proof of work’ scheme proposed by Adam Back in the

1990′s as a way to stop spam. The idea behind hashcash was to increase the cost of sending email to

the point that spam became uneconomic by requiring each sender to perform a quantity of

computational make-work.

Before the rise of Bitcoin in 2009, the most successful scheme of this kind was E-Gold, which operated

from 1996 until it was shut down by the Secret Service in 2007. E-Gold tapped into the libertarian

ideology of anonymous cash, but their technology fell far short of the rhetoric. E-Gold wasn’t really

anonymous, and wasn’t even located outside US jurisdiction. The company was registered in St. Nevis

and Kitts, the datacenter was located in Florida. The idea that E-Gold somehow operated outside the

scope of US regulation was a spectacular example of self-delusion by their management.

E-Gold wasn’t an anonymous currency as such, it was an exchange that allowed customers to transfer

ownership of gold between them. Which was sufficient to allow its use as a means of avoiding

government controls on money transfers. When the system was shut down, some of the largest

complaints came from Iran, where citizens had been using it to evade US sanctions, and were left

unable to access the money in their accounts.

The E-Gold episode had two curious aspects. One is that the exchange was permitted to operate for so

long, when it was obvious that it was operating illegally. In my work stopping Internet frauds, I would

meet Secret Service, FBI and Postal Inspectorate officers on a regular basis, and the conversation would

almost always turn to the ongoing mystery of why the scheme was allowed to keep running.,,The

authorities did not act until their hand was forced by the collapse of ‘Solid Investment,’ a Ponzi scheme

that had made extensive use of E-Gold to conceal money movements.

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Hongkong Moet de Hervorming van China: officiële

Review of the avanti group news article

http://www.causes.com/actions/1746842-hongkong-moet-de-hervorming-van-china-officiele

CHICAGO, 10 April Xinhua)–Secretaris voor financiële diensten en de schatkamer van HongKong woensdag onderstreept de regio rol in China’s financiële en economicreform.

 

“Ik denk dat het hele huwelijk tussen de hoofdstad van Hongkong en het Chinese economie isa voorbeeld van hoe de Hong Kong kan voldoen aan de behoeften van de financiën en druk op forreform in China,” vertelde K.C. Chan een groep Chicago bedrijfsleiders en financialexecutives op een vergadering aan de Club van de Universiteit van Chicago.

 

Als een wereldwijde financiële centrum is Hong Kong belangrijk om het land ontwikkeling andhelps verandering de cultuur van Chinese bedrijven en transformeren de Chinese economie.

 

Hong Kong economie doet het goed, zei het aantrekken van veel buitenlandse bedrijven om te upoperations ingesteld in de financiële sector en vlaggenschip winkels en regionalheadquarters voor het beheer van hun bedrijven in China en andere delen van Azië, Chan.

 

Hong Kong heeft de infrastructuur en verbindingen met de rest van de wereld aan providefinancial diensten die nodig zijn door Chinese bedrijven, zei hij.

 

In de afgelopen 20 jaar, Chinese bedrijven verhoogde kapitaal in de markt van Hongkong en innext 10 tot 20 jaar, Chinese bedrijven en investeerders kunnen willen investeren capitaloverseas, Chan toegevoegd.

 

De grote accumulatieve besparingen in China niet moet worden beperkt tot de binnenlandse en Chinees regelgevers mag het geld om te gaan overzee en welkom overseasmoney in hun markt op hetzelfde moment, hij aangevoerd.

 

Hongkong blijft om te dienen als een financieel centrum voor deze transacties, headded.

 

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Review of the Avanti Group News article