Photographer: Greg Baker/AFP via Getty Images

China's Creative Destruction: Shut Steel Mills to Startup Cafes

  • Near old Shougang steel mill, new software park is planned
  • Premier Li's `hope and challenges' coexist in Beijing

In Shijingshan in Beijing’s west, a few elderly people shuffle past run-down grocery stores, mahjong parlors and a boarded-up barber shop with posters of styles popular a decade ago below the chimneys of what used to be the capital’s largest steelmaker.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.