scorecardYujiapu Financial District

Yujiapu Financial District

The Chinese government has spent billions of dollars constructing Yujiapu Financial District, nicknamed "China's new Manhattan" (There are even skyscrapers inspired by Rockefeller Center and Lincoln Center). Construction on the 1.5-square-mile site started in 2008, and will total an estimated $30.4 billion.

Located outside Tianjin, it will feature 47 new residential and office towers when complete in 2019.

But so far, it may be shaping up to become a ghost city, full of half-built and rarely occupied skyscrapers, according to Bloomberg and CNN.

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