##ORDOS KANGBASHI

Ordos,located in the remote province of Inner Mongolia, sits on one-sixth of China's coal reserves — making it an attractive center for development and innovation

In Early 2000s, private mining companies got the rights to dig into the coal reserves. Induction of new business generated a lot of new tax revenue

The local government decided to build this overly ambitious city from scratch. Investments in real estate and infrastructure started.

But by 2010, an abundance of housing in a nonexistent market led the bubble to burst. High property taxes turned off families from moving to Ordos

Only government officials and migrant construction workers effectively settled in. Leaving the vast majority of the city completely empty.

Ordos remains deserted.

The Ordos Dongsheng Stadium fits 35,000 spectators, though it has never been filled to capacity.

In the last few years, local government has made efforts to recruit residents. Farmers were bribed with "generous compensation and free apartments" to make the move.

High schools with good reputations were moved to Ordos, as well. Empty apartment buildings were converted into dormitories and now house students.

Still, Ordos isn't close to meeting its capacity.

Cities like Ordos spring from rural areas to accommodate the masses. But the masses don't always come . This phenomenon is really a cancer for the development of this country and a serious threat to the Chinese economy.

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Source & References : -
Business Insider
https://www.businessinsider.in/Surreal-photos-of-Chinas-failed-city-of-the-future/articleshow/58537767.cms