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Mass Retailer Closures Leave Dongguan And China's Manufacturing Hub Deserted
Dongguan, known as "the world's factory," has seen a steep fall in business orders after the Covid-19 pandemic restrictions were loosened this year. The city ranked lowest in Guangdong province for economic development. The city expanded quickly after China's reform and opening up, and its GDP surpassed one trillion RMB. What is causing its present decline, and what does it hold for the future?
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