Skip to main content

The Globe and Mail

A fanciful playground for China’s elite

The Chinese developer behind an eight-storey clubhouse with a billion-dollar view over Shanghai’s Huangphu River is turning to lower-end coffee shops and restaurants to fill the space, as a broad anti-graft campaign puts the brakes on conspicuous spending.

1 of 7

A man walks in the Block 11 area at Huangphu River in Shanghai on May 25, 2014.

CARLOS BARRIA/REUTERS

2 of 7

The state-of-the-art, steel and glass building was originally designed as a playground for China's elite, but a corruption crackdown unnerved many wealthy Chinese who now shy from the limelight.

CARLOS BARRIA/REUTERS

3 of 7

People walk around the streets of Shanhai’s Huangphu River.

CARLOS BARRIA/REUTERS

4 of 7

Street view of the Block 11 area at Huangphu River in Shanghai.

CARLOS BARRIA/REUTERS

Story continues below advertisement

5 of 7

The decision to target middle-market consumers comes amid a crackdown on official corruption and extravagance in China.

CARLOS BARRIA/REUTERS

6 of 7

The Chinese developer behind an eight-storey club house with a billion dollar view over Shanghai's Huangphu River is turning to coffee shops and restaurants to fill the space, as a broad anti-graft campaign puts the brakes on conspicuous spending.

CARLOS BARRIA/REUTERS

7 of 7

A woman walks along Block 11 area at Huangphu River in Shanghai on May 25, 2014.

CARLOS BARRIA/REUTERS

Report an error