La ciudad más débil de China

Benxi, once a key player in China's industrial sector, is now struggling economically. The city's GDP fell by 8.8% in 2016, following years of inflated growth figures. The local government required a bailout from Beijing, and the job market is plagued by low wages and part-time positions. Benxi Iron and Steel, a major state-owned enterprise, is heavily indebted and unable to compete, yet closing it could devastate the local economy. Efforts to restructure and tackle overcapacity have been slow. Experts suggest focusing on new industries like autos and energy, but significant policy changes are needed to revitalize the region.

What was the GDP contraction percentage for Benxi City in 2016?

• 12.3%

• 8.8%

• 10.2%

• 5.5%

What is the main issue with the jobs available at the local job fair in Benxi City?

• They are only available to locals

• They require advanced degrees

• They are mostly part-time and low-paying

• They are mostly high-paying

Which industry in Benxi City is described as a 'lumbering liability'?

• Iron and Steel

• Textile

• Electronics

• Automobile

What does Harold Comfort suggest is necessary for Benxi City's economic revival?

• More part-time jobs

• Drastic changes and new business opportunities

• Increased government bailouts

• Focus on traditional industries

What is the Communist Party's plan for the northeast, including Benxi City?

• To privatize all industries

• To increase taxes

• To rejuvenate the area

• To ignore the region