Tianjin and China’s Industrial Calamities
Tianjin is an important industrial port in northern China, about a half-hour ride from Beijing on the new high-speed rail line. The government’s recently announced plan for a northern megacity to better coordinate trade and growth has Beijing and Tianjin at its core. About 100 Fortune 500 companies have investments in the city. Tianjin is seen as the shape of things to come in the new China.
Then on the night of Aug. 12, a series of huge blasts at a hazardous-materials warehouse owned by Rui Hai International Logistics killed more than 100 people and shattered that dream. The explosions reduced the surrounding area to ruins, displacing thousands of local residents, many of whom remain angry at the government’s poor handling of the disaster.… Seguir leyendo »