Chinese Success Story Chokes on Its Own Growth – Harvard French

From The New York Times:

When Zhang Feifei lost her job in this booming Chinese factory town, she was not terribly concerned. Jobs had always been plentiful in Shenzhen’s flourishing economy.

…Few cities anywhere have created wealth faster than Shenzhen, but the costs of its phenomenal success stare out from every corner: environmental destruction, soaring crime rates and the disillusionment and degradation of its vast force of migrant workers, Ms. Zhang among them.

Shenzhen was a sleepy fishing village in the Pearl River delta, next to Hong Kong, when it was decreed a special economic zone in 1980 by the paramount leader Deng Xiaoping. Since then, the city has grown at an annual rate of 28 percent, though it slowed to 15 percent in 2005. [Full Text]

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