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China sees Pittsburgh as role model for industrial transformation, eyeing hi-tech shift from rust-belt roots

Summary:
[unable to retrieve full-text content]China’s old northeastern rust-belt province of Jilin is looking for a bit of inspiration in the US city of Pittsburgh – the one-time steel capital that gradually transformed into a hub for advanced technology companies. This type of economic transformation forms a key part of President Xi Jinping’s dual-circulation strategy, which aims to cut China’s dependence on overseas markets and technology in its long-term development – a shift brought on by a deepening rift with the US. In a round…

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[unable to retrieve full-text content]
China’s old northeastern rust-belt province of Jilin is looking for a bit of inspiration in the US city of Pittsburgh – the one-time steel capital that gradually transformed into a hub for advanced technology companies. This type of economic transformation forms a key part of President Xi Jinping’s dual-circulation strategy, which aims to cut China’s dependence on overseas markets and technology in its long-term development – a shift brought on by a deepening rift with the US. In a round…

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