BINHE, China -- In this new city along the sinuous Yellow River in the west of China rows of high-rise apartments await 150,000 inhabitants expected by 2020. Extensive freeways are ready for their cars, and a military theme park, complete with a surplus navy destroyer, is on standby for their leisure time.
Binhe, not far from the older city of Yinchuan, capital of the Ningxia Hui Autonomous Region, is one of the development hubs hot-housed under a 4 trillion yuan ($580.9 billion) stimulus pumped into the Chinese economy after the 2008 global financial crisis.
