Where Is China’s Detroit-.docVIP

Where Is China’s Detroit? 　　Recently， there were numer- ous reports about the application for bankruptcy of Detroit， Michigan. Actually， the bankruptcy of Detroit did not happen overnight. The signs could be seen a long time age. It is actually a necessary result of the economy of U.S. adjustment and an incremental problem. The United States has the largest number of running cars in the world. This country has 300 million cars and more than 280 million vehicles are running on its road. Therefore， it is called the “Country on the Wheel”. The auto industry in this country is very developed as well， since it had been the country with the largest production and consumption of automobiles in the world for many years. This title was just taken away by China in 2010. The three auto-making companies， General Motors， Ford and Chrysler， are all headquartered in Detroit. Once upon a time， Detroit was a beautiful and prosperous city. It was once the fourth largest city in the United States and the most centralized place for auto-making industry. At that time， when people spoke of cars， they would subconsciously talk about Detroit. The yearly Detroit Auto Show also foretold the new changes and trends of the global auto industry. However， the glory has been gone and now Detroit is a city with a smaller population， dull atmosphere and dim outlook. It is reported that Detroit has had the debt of over US$18 billion， including the US$9.2-billion gap in pension funds and medical care. The outward migration and the recession of auto industry explained the fall of Detroit. Detroit’s fall has raised the warning for many Chinese cities， since its bankruptcy is closely related with the auto industry. Anyone knowing about the story of Detroit would say that Detroit was too dependent on the single industry ? the auto industry. Looking at China， it seems that some cities need to learn a lesson from the fall of Detroit. In the past few years， several resource-based cities we