China's fast-paced construction industry has long been the subject of discussion and for some countries, jealously with some construction companies building skyscrapers in as little as two weeks. But are the foundations of the China's break-neck building on shaky ground?
In April last year, a Chinese construction company Broad Sustainable Building claimed itself to be the world's fastest builder after erecting a 57-storey skyscraper in just 19 working days. The company, which specializes in prefabricated construction, prepared 90 percent of the structure at the factory before the site work began and then assembled the remaining 10 percent structure like a jigsaw puzzle at the site.
"I think this goes back to an innovative form of modular Lego like construction," Alastair Campbell, Investment Manager-Asia Pacific at Kames Capital told CNBC via email.
"This is not a case of a Chinese builder throwing up a building as fast as possible in order to make a quick buck and a sign of lax building regulations. Rather the intention was to demonstrate an efficient building technique, after all the Chinese have built a lot of huge apartment blocks over the last 20 years."