Smoke billows from a factory in Heihe, Heilongjiang province. In the past few decades, China’s northeast has gone from being the country’s economic powerhouse to its most systematically troubled large region. Photo: AFP

China’s depressed northeast is down but not out – if officials can fix its ailing state-owned firms

Yansong Wang says though now in a deep funk, the vast northeast was once an economic powerhouse, and can be again with the right policies

Topic |   China economy

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Smoke billows from a factory in Heihe, Heilongjiang province. In the past few decades, China’s northeast has gone from being the country’s economic powerhouse to its most systematically troubled large region. Photo: AFP
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