A decade ago, officials embarked on a plan to turn a marshland in the port city of Tianjin into a world-class financial centre. Yujiapu has a high-speed rail, malls stocked with Japanese goods and luxury car dealerships. All that’s missing are people.I covered this earlier here: Tianjin Rebuilds Manhattan in Binhai; Has 90% Empty Ghost City in Baodi
Construction sector drives jump in insolvencies
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New data from the Australian Securities & Investments Commission (ASIC)
shows a big jump in external administrations in March, with 7,742 firms
going und...
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