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Mild, Mild West: Chinese ghost city

Manhattan replica is utter failure

 

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"It's not going to end too well"

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Former marshland, razed.

Towering skyscrapers, half built.

Millions - make that billions - invested.

But an entire city's worth of buildings sit empty and abandoned.

China's "excess (real estate) inventory and subsequent property market slow down is nearing a crisis."

It is only a matter of time before this house of cards comes crashing down.



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