China’s Northeastern rust belt was once ‘eldest son’, now struggling as runt of the litter

//China’s Northeastern rust belt was once ‘eldest son’, now struggling as runt of the litter

China’s Northeastern rust belt was once ‘eldest son’, now struggling as runt of the litter

The northeast rust belt, once the pride and birthplace of China’s industrial development, is in its biggest economic slump as it struggles to shake off a deep-rooted planned economic mindset and dwindling resources, and a brain drain to regain competitiveness. This is the first article of a five-part series that examines the issues inhibiting reform and changes to revive growth.Across the vast 448 sq km Shenyang Economic and Technological Development Zone that is a 40 minutes’ drive from…

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By | 2019-05-05T22:00:17+00:00 May 5th, 2019|Headlines|Comments Off on China’s Northeastern rust belt was once ‘eldest son’, now struggling as runt of the litter