Guangdong, once the vibrant heart of China’s manufacturing might, now finds itself grappling with a multitude of economic challenges. From the dwindling fortunes of local businesses like Lu’s advertising firm to the plummeting property values and rising vacancy rates, the ominous cloud of uncertainty looms large. As the specter of tariffs threatens to dismember local industries, the people of Guangdong are left wondering whether their region can ever rise to its former glory amidst these relentless adversities.
The Trials of Guangdong: Economic Hardships Plaguing China’s Powerhouse
