“Rust Belt” on the Border with Russia in the Public Eye

... consumption, which the Chinese economy desperately needs to get rid of its export dependence. Obviously, yesterday’s miners and steelmakers are unlikely to find themselves in high-tech industries. Most probably, they will find employment in the service industry or construction. Although the housing and transport infrastructures in China are developed enough as it is, the government continues to place the stake on the “big construction site,” as it sees no other options to support the economy. It was decided at the “Two Sessions” to put into operation more ...