Built it and they didn't come. That could be the motto for China's infamous "ghost cities" — vast housing complexes that were frantically erected over the past decade but remain largely uninhabited.
It's been a couple of years since we initially looked at the "ghost cities" of China. At that time, there was a feeling that the development just couldn't go on forever. Well, maybe not forever, but ...
How closely is demand for $3,000 handbags tied to home prices in China? Quite closely, it turns out, which is unfortunate for luxury brands. Europe’s luxury stocks have gained 15% on average since ...
In the past 50 years, China has built around 500 new cities. The country’s sprawling new urban areas have been instrumental to its economic surge, but it’s not all rosy. In fact, a lot of these new ...
Nestled in a rural mountainous spot, halfway between Istanbul and Ankara, this modern abandoned ghost town is a surreal sight ...
Two seemingly contradictory realities co-exist in China: on one hand, Chinese cities are overpopulated, while on the other hand, there are also empty cities and tall skyscrapers almost entirely ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. SBS Dateline, an Australian Television Program, reveals the dark side of the Construction Industry in China: * ...
China Law Blog has a guest post by Dirk Chilcote who had lived in Zhenzhou for 3 years. He is skeptical of western media's report on China's ghost cities: In my three years living and working in the ...
Overbuilding, and a streak of bad luck, have left China’s real-estate developers in the red. Photo: Adam Adada How closely is demand for $3,000 handbags tied to home prices in China? Quite closely, it ...