Monday, December 9, 2013

Ghost town a grim backdrop for Rongsheng's woes





Deserted flats and boarded-up shops in the Yangtze River town of Changqingcun serve as a blunt reminder of the area's reliance on China Rongsheng Heavy Industries Group, the country's biggest private shipbuilder. Like Rongsheng's shipyards, the area is struggling to survive.









via Business feed http://www.scmp.com/business/companies/article/1376216/ghost-town-grim-backdrop-rongshengs-woes

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