China, fertile land of absurd, only-sometimes-successful developments, is wrapping construction on its very own replica of Manhattan, which, sadly, already looks like it's going to be a ghost town. After four years of construction, it's failed to attract tenants, and one investor says "investing here won't be better than throwing money into the water." Didn't anybody learned from the country's largely uninhabited Paris experiment? [The Real Deal; previously]
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