Chinas Factory Hub Falls Quiet as Economic Slowdown Deepens

Date:

The Huawei logo on the side of the main building at the company’s production campus in Dongguan, near Shenzhen, China, on April 25, 2019. Kevin Frayer/Getty ImagesOnce known as the “world’s factory floor,” Dongguan, China, in the Pearl River Delta region, is growing quiet.Streets that once pulsed with shift changes are now largely empty. Factories have shuttered, rural migrant workers have left, and small businesses that depended on industrial traffic are disappearing. Official data points to a broader slowdown, including a deepening property slump, weakening manufacturing activity, and persistently high youth unemployment.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Evergrande Founder Sentenced to Life in Prison by Chinese Regime

The founder of China Evergrande Group, Xu Jiayin, was...

Longtime Shenzhen Electronics Manufacturer Closes as Orders Shrink and Costs Rise

The recent shutdown of a three decade-old Hong Kong-funded...

Chinese National Charged With Voting Under Former Landlords Name in Massachusetts

A Chinese national living in Massachusetts has been charged...

How a US Firm Is Breaking Chinas Dominance in Rare Earths; Korea Zinc to Boost US Supply

Washington is racing to cut its reliance on rare...