21 Nov 2012
BEIJING—Zhang Hanzhong, who supplies locks for auto manufacturers, is part of
a swath of China’s economy that is lagging in a two-speed recovery.
Business for retailers, hotels, photo studios and other service industries is picking
up as China limps out of its deepest slump since the 2008 global crisis.
But exporters and manufacturers who drove its boom over the past decade are struggling.