Paris, China

China Tried To Build A City To Replicate Paris ... And Here's What It Looks Like Now

MAMTA BADKAR AUG. 2, 2013, 10:40 AM 795,819 40

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Reuters/Aly Song

If you visit Tianducheng, a day trip from Shanghai in China's Zhejiang province, you will be confronted by a 354-foot replica of the Eiffel tower.

Development on this Paris replica in China began in 2007, but local media say it is a ghost town now.

Everyone points to China's ghost towns as proof of a malaise in China's property sector. 

But some, like Stephen Roach, former chairman of Morgan Stanley Asia have argued that these cities will become "thriving metropolitan areas" as China continues to urbanize.

Read more: http://www.businessinsider.com/tianducheng-a-paris-replica-in-china-2013-8?op=1#ixzz2c9bI5dki