China’s growth in the past decade has been overwhelmingly fueled by fixed asset investment (such as infrastructure development), which has further exploded since the launch of the 2008 stimulus program, accounting for more than 90% of economic growth in 2009. Over 100 extremely ambitious infrastructure mega-projects are currently being undertaken. Chinese cement consumption and construction spending has soared to truly bubble-like proportions as scores of extravagant and massive government buildings are being built in outer China, roads are dug up and rebuilt just to generate economic activity and cities binge on debt to build jaw-dropping infrastructure projects at all costs. China’s mad rush to build infrastructure projects has led to cut corners and shoddy workmanship, such as on the world’s longest sea bridge that was closed one week after opening due to safety problems, the much-publicized high-speed train’s disastrous crash and electrical problems and a new highway that collapsed after a test run.