Tianjin’s economic output in the first three quarters of 2020 was 1 trillion yuan (US$151.8 billion), only a third of the size of Shanghai and Beijing. Photo: Shutterstock Tianjin’s economic output in the first three quarters of 2020 was 1 trillion yuan (US$151.8 billion), only a third of the size of Shanghai and Beijing. Photo: Shutterstock
Tianjin’s economic output in the first three quarters of 2020 was 1 trillion yuan (US$151.8 billion), only a third of the size of Shanghai and Beijing. Photo: Shutterstock
China economy

Which Chinese city will be the biggest loser in 2020? It’s not Wuhan

  • Tianjin, one of China’s four municipalities, is grabbing attention as its once-booming economy slowly fades
  • Its relative decline shows the limits of state-led growth and is a cautionary tale for debt-fuelled development

Topic |   China economy
Tianjin’s economic output in the first three quarters of 2020 was 1 trillion yuan (US$151.8 billion), only a third of the size of Shanghai and Beijing. Photo: Shutterstock Tianjin’s economic output in the first three quarters of 2020 was 1 trillion yuan (US$151.8 billion), only a third of the size of Shanghai and Beijing. Photo: Shutterstock
Tianjin’s economic output in the first three quarters of 2020 was 1 trillion yuan (US$151.8 billion), only a third of the size of Shanghai and Beijing. Photo: Shutterstock
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