US EditionThe Ancient City of Dayong Was Built at a Cost of 2.4 Billion Yuan, but It Lost More than 1 Billion Yuan in the Four Years Since Its Opening
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Dayong Ancient Town in Zhangjiajie, Hunan, which cost 2.4 billion yuan to build, lost 1.08 billion yuan in four years. Only 5 of the 198 shops were rented out, and the average daily audience for performances was less than 15 people. The tourist destination has become an "investment black hole."
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