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China's Steel Country Confronts Reality

机译:中国钢铁大国面对现实

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摘要

The city of Handan in Hebei province is the birthplace of Qin Shihuang, the first emperor of China. That illustrious history isn't apparent today. Aging, coal-burning steel factories belch grime over the city of 1 million, one of China's 10 most polluted. Dotting the downtown area are half-constructed high-rises, relics of a property bubble that started more than five years ago but was finally punctured last summer after the central government in Beijing curtailed credit and developers stopped paying creditors. Locals who lost their savings in dodgy real estate investments regularly block city streets in angry protests, demanding their money back from the developers.
机译:河北省邯郸市是中国第一个皇帝秦始皇的发源地。辉煌的历史在今天并不明显。老龄化,燃煤的钢铁厂在这座城市污染最严重的100万个城市中,污垢超过了100万。点缀市区的是半数建造的高层建筑,是房地产泡沫的遗迹,始于五年多,但去年夏天在北京中央政府削减信贷,开发商停止向债权人付款后被刺破。在狡猾的房地产投资中失去了积蓄的当地人经常在愤怒的抗议中封锁城市街道,要求开发商退还他们的钱。

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  • 来源
    《Business week》 |2015年第4417期|17-18|共2页
  • 作者

    Dexter Roberts;

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