From one Burj Khalifa to the next. After Dubai's unveiling of the world's tallest 7 star hotel, Beijing's architects, engineers and government decided to work closely with Saudi Arabia to build a similar luxury hotel in the heart of Chang An avenue than runs across Tiananmen Square.

The $1.3 billion endeavor is still untitled, yet the city has already drawn the blueprints and will be ready for production in the near future. There isn't any word on Dubai's reaction about Burj Khalifa's reproduction, however, this luxury contest aims to bring more cash to the stash.