You are here

Trump's Beijing bashing misses China's own rust belt upheaval

Its industrial Northeast is losing jobs in a decelerating economy; nation's steel sector is in big trouble

The pain inflicted on steelmakers across the globe by the double whammy of overcapacity and slowing demand in the world's No 2 economy is also inflicting pain at home. Steel mills are being shuttered in places from Xingtai to Tonghua (above) in China's Jilin province.

In the early post-war era, Johnstown was an industrial powerhouse, churning out the steel that helped build railroads, bridges and skyscrapers across a rapidly growing America. No more.


DONALD Trump, who tears into Chinese economic policies with the subtlety of a chainsaw, has accused the nation of "raping" the US with job-destroying currency and trade policies. China is engaging in "the greatest theft in the history of the world", according to the presumptive...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to