China’s empty city: the emperor really has no clothes


This is Ordos.

Hat tip Barry Ritholtz

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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1 Comment

  1. avatar Diversity says:

    They do it bigger in China. We have quite few large developments sitting empty in Spain (some of the archtecture looks startlinly similar); but the nearest to a city – on the outer outskirts of Madrid at a place called Sessana) although impressive looking, isn’t in this league. .