Trade war deepens decline for China’s powerhouse province

During the heyday of Chinese low-cost manufacturing, the town of Houjie was renowned for its shoemakers and the raucous nightlife laid on for the thousands of foreign and domestic buyers who visited each year.

Like other parts of Guangdong, it boomed after China became the world’s export powerhouse and the southern province became a test bed for capitalism and foreign investment as the home of the country’s first special economic zones.

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