A town in China’s rust belt offers a cautionary tale of development ambition

Source: Tech – South China Morning PostThe rust-belt city of Hegang in China’s northeastern Heilongjiang province has been an unlikely hotspot of social and economic news this year, as analysts and the general public have expressed concerns that this area’s lack of economic vitality and meagre number of young people could be a dark omen for the country’s future.In the latest news from the industrial city of 890,000, the local government said it is entering a kind of fiscal emergency by freezing new hires and suspending public…Read More

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Generated by Feedzy