Numerous Concrete Stations Shut, Cement Trucks Idle, Homes Near Beijing Unsold Even at 90% Off
Numerous Concrete Stations Shut, Cement Trucks Idle, Homes Near Beijing Unsold Even at 90% Off
Udumbara
0
.
China's real estate slump seems irreversible, and its downstream industries are also facing continuous bad news. According to Chinese reports, a significant downstream industry—concrete mixing plants—are closing in large numbers. After 23 concrete mixing plants shut down in Shenzhen last year, the industry is expected to face an even more dire situation this summer.
.
