Economics
Recession Hits China — Along With 10% Growth
- Rustbelt Liaoning province posts contraction in first half
- Post-industrial Beijing, Shanghai see waning factory output
Winners and Losers of China's Diverging Fortunes
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The long-feared Chinese hard landing has become a reality in rustbelt Liaoning.
The northeastern province, ground zero in China’s multi-year slowdown, saw its economy contract 1 percent in the first half of 2016 as factories splutter and the coal industry groans under the weight of overcapacity.