Obviously, some of the biggest news to come out recently in Michigan, and quite frankly, the nation’s, history, was that of the Detroit bankruptcy. Since I live in China, I took the liberty of compiling a few headlines from major Chinese newspapers and e-zines to give you a glimpse into what Chinese media is saying about the bankruptcy. Indeed, Detroit has a long way to go to change the perception as a crime-ridden, impoverished place. Here’s to looking up!!
1. “底特律破产带给中国的启示：城市不是造出来的” (Detroit’s bankruptcy has revealed to China one thing: The city cannot be built)
Source: Sohu Business
2.” 底特律破产警示城镇化弯路 “(Detroit bankruptcy warns the winding course of urbanization)
Source: Guangzhou Focus
3. “七嘴八舌话底特律破产” (A Lively Discussion in the Auto Industry about Detroit Bankruptcy)
Source: Auto.sina.com.cn
4. 底特律申请破产 “造中国底特律”论遭质疑 (Detroit’s Bankruptcy Raises Doubts about building a “Chinese Detroit” Partnership)
Source: Anyang Online (originally from Xinhua)
5. 底特律破产风险有多大 (Detroit’s Bankruptcy: How Big are the Risks?)
Source: QQ.com Auto