Empty skyscrapers: China's property slump still throttling growth

Empty skyscrapers: China’s property slump still throttling growth

Construction of Goldin Finance 117, a 595.5-metre skyscraper, stalled after the developer ran into debt, symbolising China's prolonged property crisis.

Empty skyscrapers: China's property slump still throttling growth

Work on the soaring Goldin Finance 117 began in 2008, but construction stalled as its developer fell into debt and the tower remains unfinished 18 years on. The 595.5-metre (1,954-foot) skyscraper is emblematic of the years-long crisis that has left Chinese cities dotted with abandoned high-rises and residential towers. China's property market was once a key driver of national growth, but has become a stumbling block. The economy expanded by 4.3…