Guangzhou’s Collapse Shocks the World, $25B Abandoned Auto City, Worse Than Detroit
Guangzhou’s Collapse Shocks the World, $25B Abandoned Auto City, Worse Than Detroit
Udumbara
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Once ranked alongside Beijing and Shanghai as a "super-first-tier city," Guangzhou’s GDP was overtaken by Chongqing in 2024, pushing it down to fifth place nationwide. Its gap with Shenzhen has widened to nearly 600 billion yuan. Among the 27 cities with trillion-yuan GDPs, Guangzhou now ranks second to last.
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