Economy
Shanghai Built Its Own Silicon Valley, and Very Few Came
A giant new tech hub near Shanghai successfully attracted major names like Tesla, but Lingang remains almost empty of residents three years into its launch.
The Dishui artificial lake in the Lingang Special Area and Comprehensive Zone.
Photographer: Qilai Shen/BloombergThis article is the fourth in an occasional series about the New Geography of Technology. You can read the first installment on Milan here, the second on the new US tech economy here and the third on Tel Aviv here.
Chinese President Xi Jinping has a goal of turning a quiet Shanghai suburb into the country’s next Silicon Valley, but more than three years into its making, that vision is facing mounting challenges.