ghost town

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Ordos: A Ghost Town That Isn’t

Ordos city, a development project in Inner Mongolia that was designed to attract one million residents, has frequently been derided as a failure and a “ghost town,” with up to 90% of its construction projects empty....

Angola’s Chinese Built Ghost Town

China seems to have taken a symptom of their real-estate bubble with them in their continued investment in Africa. Over the last three years, state-owned China International Trust and Investment Corporation (中国中信集团公司) has built...

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