The Chinese were inspired to create their own version of "The World" in Tianjin, a city near Beijing.
Construction for the $3 billion plus project called "Xingyao Wuzhou" started in 2008, but it is unclear when it will be finished.
Some residential buildings are already open, but most of the office buildings and most extravagant architecture has yet to be completed.
Rumors of bankruptcy were denied by Xingyao Investment Limited vice president Yang Wen-chi, though he said the company was facing some financial pressure.
One of the project's major lenders, CITIC, is also cutting back its property loans in general, and it is looking to restructure Xingyao Wuzhou's debts.
Xingyao Wuzhou literally translates to "Shining Star over Five Continents." Once finished, it will be a complete luxury neighborhood with 7-star hotel, yacht club, the world's largest indoor ski venue, and a museum of world monuments, complete with Eiffel Tower and Golden Gate Bridge.
星耀五洲文面上翻译为——星耀五洲。一旦竣工，它将成为一个拥有七星级酒店，游艇俱乐部，世界上最大的室内滑雪道，以及一个包含艾菲尔铁塔以及金门大桥的世界地标建筑博物馆的完整的奢华社区。"The World" will be an exclusive community with its own residences, offices, sports centers, and schools.
The general layout can be seen on the barren land that will host "The World."
This is what the land looked like before construction began.
Europe will host the main shopping centers, while Oceania gets the school and hospital. And North America will have the indoor ski and sports complex.
The view looking over the residential area of Eurasia, with North America off in the distance.
The lake is still being made at this stage in the development.
But, potential buyers can revel at a model of "The World" at one of its opening events.
Each continent will have its own unique hotels.
There will be dynamic shopping centers on each continent too.
There are swimming, golfing, and skiing recreation centers in North America.
"The World" already hosted invitational golf tournaments in 2009 and 2010.
The newest 7-star hotel will be a centerpiece of the project. It gives guests a 360 degree view of 'the entire world.'
The Piazza is located in North America, next to a shopping center, and surrounded by works of art.
Some stores have already opened up in the North America shopping center.
But much construction remains to be done on the office buildings.
California is just south of the Piazza.
And the California houses are nearly finished.
And the entire residential area of California is nearly complete.
Many residential areas have been completed or are nearing completion.
In fact, some are already ready for people to move into.
Waterfront property will be abundant in the man-made Tianjiahu lake.
Manhattan lies on the island just east of California. Much of its design is inspired by scenes around the real Manhattan.
Alaska is to the north, just across the water from the indoor ski and recreation center.
Mexico lines the west coast of South America, with a perfect view of the spectacular 7-star hotel.
Meanwhile, Canada lines the west coast of North America.
"The World" comes complete with schools, hospitals, and restaurants.
China is full of ambitious new developments