U.S. media overcapacity plagued China’s small cities exposed to some crisis depth-viper12a

American media: overcapacity plagued China’s small cities exposed to some crisis depth media: Hubei small town experience overcapacity dilemma, where is the way out? Author James · the translation of American business, from the "Wall Street journal" the February 17th article, the original title: plagued by overcapacity in China small city, the depth of the crisis exposed even in remote areas of Hubei, Suizhou China, severe overcapacity also hangs over the country’s prosperity, and stir the global economy. Farmer Yang Qun (sound) began in Suizhou lively mushroom morning to do business 5 years ago, the mushroom industry is rapidly expanding, and even attracted to the UK bank lending to. Yang saved enough money to buy a van. But last month, when he snowed, he had to dump all 6 bags of mushrooms that had been bred for half a year at a clearance price. And for Xu Song, the jingle was a wonderful sound that reminded him of the days when his 200 colleagues were busy mixing steel plates into cement mixing barrels. The day before, he was alone in the unheated office, the only remaining worker in the factory, caring for dozens of rusty giant mixing barrels. Xu said the recession was coming quickly. "I don’t know what happened."." In addition to the steel and real estate industries that have slowed economic growth in recent years, the excess of China’s economy is also reflected in industrial and agricultural products. Many small and medium-sized cities like Suizhou, once flourishing in the context of government backing and borrowing, were once thought to be the second act of supporting China’s economic growth story. But now, they run poorly, prices, profits and jobs are lost. The plight of Suizhou highlights the breadth and depth of China’s economic slowdown and the difficulty of stopping its continued decline. This dilemma has also exacerbated the turmoil in the global trade market. Shanghai and other big cities were the driving force of the first stage of market development in China, and now Beijing is driving the next stage of power into small cities. The government intends to realize the urbanization of 100 million people within 5 years, so as to expand the ranks of the middle class, which can maintain the upward trajectory of China’s development. Suizhou, with a population of 2 million 500 thousand, is one of the 130 small cities in China that is responsible for attracting farmers into higher income urban workers and creating new markets for local businesses. However, these small cities, many of the "industrial fringe" between urban and rural areas, Gerlach, an economic policy scholar at University of Nottingham’s Ningbo campus, said, "these small cities in the middle now do not know where to go."." Enter Sina Financial shares] discussion

美媒:产能过剩困扰中国小城市 暴露某种危机深度   美媒:湖北小城感受产能过剩之困 出路在何处?   作者詹姆斯·阿尔迪,传文译   美国《华尔街日报》2月17日文章,原题:产能过剩困扰中国小城市,暴露危机深度 即使在中国的偏远地区——湖北随州,严峻的产能过剩也笼罩着这个国家的繁荣之路,并搅动全球经济。   农民杨群(音)5年前开始在随州热闹的食用菌早市做生意时,食用菌产业正在快速扩张,甚至吸引到英国银行前来借贷。杨攒下了足够买一辆面包车的钱。但上月下雪时,他不得不用清仓价格把培育了半年的6袋蘑菇全部甩货。而对徐松(音)来说,叮当声曾是美妙之音,令他想起和200名同事忙着把钢板做成水泥搅拌桶的日子。不久前的一天,他独自待在没暖气的办公室里,成为厂里唯一的留守工人,照看几十个生锈的巨型搅拌桶。徐说衰退来得很快,“不知道发生了什么事。”   除了这几年拉低经济增速的钢铁和房地产业,中国经济的过剩还体现在工业和农业产品上。很多像随州这样的中小城市,曾在政府支持和借贷容易的背景下繁荣,一度被认为是支撑中国经济增长故事的第二幕。但如今,他们运行不畅,价格、利润和就业机会都遭到损失。随州的困境凸显中国经济放缓的广度和深度以及阻止其继续下滑的难度。这种困境也加剧了全球贸易市场动荡。   上海等大城市曾是中国第一阶段市场前进的动力,如今北京正将下一阶段的动力投向小城市。政府打算在5年内实现1亿人口城镇化,以此扩大中产阶层队伍——这个阶层有能力保持中国向上的发展轨迹。拥有250万人口的随州是130个符合条件的中国小城市之一,担负着吸引农民转变为收入更高的城市工人以及为当地企业创造新市场的责任。   然而,这些小城市很多处于城市和农村之间的“工业化边缘地带”,诺丁汉大学宁波校区的经济政策学者杰拉奇表示,“处于中间层的这些小城,如今不知道何去何从。” 进入【新浪财经股吧】讨论相关的主题文章: