Chinese Gotham clone no longer a ghost city – China latest business and technology news
A summary of the top news in Chinese business and technology for May 17, 2017. Part of the daily The China Projectย news roundup "Belt and Road protests, plus online healthcare rules."

The northern port city of Tianjinโs Xiangluowan district has a 1.59-square-kilometer replica of Manhattan, complete with skyscrapers, office towers, hotels, and apartments. The developmentโs low occupancy rate and half-finished high-rises have made it a favorite of media reports about โghost citiesโ that epitomize centrally planned debt-fueled excesses of construction. But like many of the ghost cities that make for click-worthy photo essays, the Manhattan clone has been gradually filling up with people, according toย Bloomberg. The Xiangluowan district and the city of Tianjin as a whole โ home to 14.7 million people โ is just a half-hour bullet train ride from Beijing, and stands to benefit from two of the countryโs biggest economic projects: the One Belt, One Road initiativeย and the Beijing-Tianjin-Hebei integration project, known as Jing-Jin-Ji.
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Twitter user numbers overtaken by China’s Sina Weiboย / BBC
โThere are now more people using Sina Weibo, the Chinese micro-blogging platform, than there are using Twitter. According to the Chinese company’s first quarter results, it has 340 million active monthly users, 30% up on the previous year.โ - Big pharma hopes rule change will ease China sales painย / Financial Times (paywall)
- Bankruptcy for commercial lenders edges closerย / Caixin
- Chinese aviation finally takes off with help from the Westย / Financial Times (paywall)
- China’s Tencent eclipses expectations to post 58 percent jump in first-quarter profitย / Reuters
- China’s Lenovo announces restructuring to focus on consumerย / Reuters





