Will Chinese investment rescue a city in Germany’s Rust Belt — or exploit it?
2018-09-02 10:15:25 source：The Washington Post
September 1, 2018
DUISBURG, Germany -- In the 1950s, the relatively unknown city of Duisburg was on course to become a success story.
The city was a steel production center, and business was booming. Duisburg grew from about 400,000 people to nearly 600,000 by the 1970s. Stadiums, shopping malls and an ambitious concert hall were built for its increasingly affluent citizens.
“This used to be the richest city in Germany,” said Michael Suessmuth, a logistics-company manager and lifelong Duisburger, standing on the site of a former steel plant. “But then they failed to branch out.”
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