RUST-BELT CHINA LOOKS ABROAD AS ECONOMY SLOWS, TARIFFS BITE
From Thailand to Kenya, trains run on tracks from steel mills in China’s northeast, a rust-belt region that is trying to capitalize on a multibillion-dollar national initiative to build ports, railways and other projects abroad.
Announced in 2012, the Belt and Road Initiative is helping to boost demand from developing countries at a time when China’s economy is slowing and exporters face U.S. tariff hikes in a war over trade and technology.
It calls for building railways, power plants and other infrastructure
