New residential buildings in Caofeidian, an economic development zone in Tangshan built on land reclaimed from Bohai Bay. Photo: Simon Song New residential buildings in Caofeidian, an economic development zone in Tangshan built on land reclaimed from Bohai Bay. Photo: Simon Song
New residential buildings in Caofeidian, an economic development zone in Tangshan built on land reclaimed from Bohai Bay. Photo: Simon Song

Dreams of home ownership shattered in one of China’s biggest ‘rotten tail’ projects

Farmer paid 300,000 yuan but apartment is unfinished and developer has vanished

Topic |   China economy
New residential buildings in Caofeidian, an economic development zone in Tangshan built on land reclaimed from Bohai Bay. Photo: Simon Song New residential buildings in Caofeidian, an economic development zone in Tangshan built on land reclaimed from Bohai Bay. Photo: Simon Song
New residential buildings in Caofeidian, an economic development zone in Tangshan built on land reclaimed from Bohai Bay. Photo: Simon Song
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