China has had the world”s fastest growing economy for the last several decades. However, even China is not immune to economic downturns, like the 2007 housing bubble and the 2008 crash. Prior to the crash, one of China”s fastest growing industries was construction, particularly in housing. Billions of dollars were poured into this sector with the hope of creating thriving metropolises all over the country.
Sadly, things have not worked out the way people expected. All across China are fully constructed but abandoned cities. These aren”t just small cities or towns, but gigantic cities full of modern buildings that are completely empty for the most part. One of the more famous “modern ghost towns” is the city of Kangbashi in northern China, near the Mongolian border.
Scenes like this are common throughout Kangbashi. Rows upon rows of modern apartment buildings and condos are all completely empty.
When construction began, Kangbashi was intended to become a bustling mega city.
Officials planned for Kangbashi to house up to 1,000,000 people.
However, current estimates put the population at less than 10 percent of that, between 20,000 and 30,000.
At least you never have to worry about traffic.
Life in Kangbashi is quiet and unusual in many ways.
For example, thanks to the government, the few restaurants in Kangbashi pay no rent. This is so city workers have somewhere to eat.
Despite a lack of newcomers and an abundance of available space, construction on the city of Kangbashi still continues.
Not far from Kangbashi is another ghost city, with a financial district designed to look exactly like the financial district in New York City.
The Yujiapu Financial District in Tianjin Binhai looks like a post-apocalyptic Manhattan.
Construction on this pseudo-Manhattan was completely abandoned after the financial crash, when many of the project”s investors backed out.
(source All Day)
China will hopefully one day find a use for all of these abandoned buildings. Sadly, these two cities aren”t the only ones. If you haven”t seen the abandoned Chinese replicas of Paris and Venice, get ready to have your mind blown.