2016-07-26

Empty City and 104pc GDP Growth

SCMP: Despite 104pc growth, China’s ‘Manhattan’ remains cautionary tale of economic zeal
A decade ago, officials embarked on a plan to turn a marshland in the port city of Tianjin into a world-class financial centre. Yujiapu has a high-speed rail, malls stocked with Japanese goods and luxury car dealerships. All that’s missing are people.
I covered this earlier here: Tianjin Rebuilds Manhattan in Binhai; Has 90% Empty Ghost City in Baodi

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