Phoenix Island

• China’s Version Of Dubai Is An Economic Ghost Town

  27 Feb 2013 by Jasmine Stone / No Comments

  A man made island of sail-shaped skyscrapers surrounded by tropical seas was billed to be China’s Dubai. But unlike Dubai, Phoenix Island has not been able to rise from the ashes. Property on Phoenix Island is considered a bad investment in light of the recent economic downturn. With China’s unstable economy proving to be crippling for the […]

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