At World's Busiest Port, China's Unbalanced Economy Comes Into View

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To understand how the Chinese economy is now living both the best and the worst moments, let us think of the port city of Ningbo, two hours drive south of Shanghai. Ningbo’s immense port receives 150,000 ships a year and is the largest in the world by cargo tonnage. An apparently endless navy of oil tankers and bulk carriers arrives to unload imported oil and grain, while other ships collect tens of thousands of containers daily. Ships that sail…