Chinese ghost towns are widely considered to be symptomatic of its property bubble. But some, like Yale professor and former chairman of Morgan Stanley Asia, Stephen Roach, have argued that these ...

His new book, "Chinese Fun," offers a rare and desolate look at various Chinese amusement parks.

Chinese ghost cities have made headlines for nearly a decade, with huge new real-estate developments sitting mostly empty for years. Some see them as a sign China is heading for a real-estate crash.