Hegang in Heilongjiang has been forced to suspend recruitment for jobs in local government. Photo: Wendy Wu
Hegang in Heilongjiang has been forced to suspend recruitment for jobs in local government. Photo: Wendy Wu

Chinese rust belt city falls victim to squeeze on local government spending

  • The authorities in Hegang, a former mining city in Heilongjiang, have been forced to stop recruiting after being hit by plunging revenues and growing debts
  • The city’s problems highlight the growing pressure on local governments to balance their books as Beijing becomes increasingly concerned about risky debts

Topic |   China economy
Hegang in Heilongjiang has been forced to suspend recruitment for jobs in local government. Photo: Wendy Wu
Hegang in Heilongjiang has been forced to suspend recruitment for jobs in local government. Photo: Wendy Wu
READ FULL ARTICLE