Hohhot’s became the 38th Chinese city to have an underground train system, but with a second set to open later this year, approval for three other lines was turned down with the due to local government debts. Illustration: Kaliz Lee

China’s ‘economic growth miracle’ fades into the past as northern city’s new rail line only paper over the cracks

  • Hohhot, the capital of China’s autonomous region of Inner Mongolia, opened its first underground rail line in December
  • But the 17.5 billion yuan (US$2.5 billion) project only goes to highlight the problems of China’s debt-financed growth model
Topic |   China economy
Hohhot’s became the 38th Chinese city to have an underground train system, but with a second set to open later this year, approval for three other lines was turned down with the due to local government debts. Illustration: Kaliz Lee
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