Inside China’s Rust Belt: How the Northeast Lost Its Industrial Edge

Inside China’s Rust Belt: How the Northeast Lost Its Industrial Edge

Northeast China is China’s Rust Belt. Global Rust Belt regions all follow the same vicious cycle: economic downturn, brain drain, declining birth rates, aging population, and then further economic downturn. Detroit in the U.S., Tohoku in Japan, the mining areas of Western Europe—which of them didn’t fall from glory to oblivion? The problem is that […]