Guangdong is Collapsing The END of the World’s Factory: 90of Factories Shut Down

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The Pearl River Delta in China was once known as the "heart of global manufacturing." Shenzhen's electronics, Guangzhou's automobiles, and Dongguan's export processing, etc all contributed to China's rapid economic growth. Back then, industrial parks were bustling with activity, machines roared, trucks shuttled back and forth, and migrant workers flooded in like a tide, creating the most vibrant scene in the Pearl River Delta.

However, all of that is now in the past.

Today, Guangdong's industrial parks are eerily quiet. Iron gates are half-closed, factory lights are dim, and some even have "For Rent" or "For Sale" signs posted on their doors. Locals say that in some industrial parks, nearly 90% of the factories have ceased operations or gone bankrupt, and Guangdong's economy has regressed by 30 years.

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